Starz Shares Jump 40% On First Day Of Trading, Disney Up 11% On Strong Quarterly Earnings

Wednesday saw media giants Starz and Disney post strong performance, with both companies outperforming expectations. After eight years under the same ownership, Starz successfully split from Lionsgate and listed on the Nasdaq, seeing its stock surge 40% to close at $11.20. Meanwhile, Disney climbed nearly 11%, marking its first gain above $100 in over five months, as it revealed progress toward a new Abu Dhabi theme park and beating quarterly earnings forecasts. However, broader market conditions remain shaky due to ongoing tariffs and geopolitical tensions, with tech stocks like Alphabet struggling amid potential regulatory shifts.