Market Movers rounded up the latest reactions on Disney from investors and analysts.
The pros, including Jim Cramer , discussed the entertainment giant after activist investor Nelson Peltz's firm, Trian Fund Management, increased its stake in Disney to roughly 30 million shares .
Trian is also pushing for multiple seats on the company's board, including one for Peltz.
Earlier this year, the firm sought a seat for just Peltz, but the investor had dropped his initial proxy fight after the entertainment juggernaut revealed a massive restructuring plan.
Disney stock gained more than 2% Monday and is held in Cramer's Charitable Trust portfolio.
Persons:
Jim Cramer, Nelson Peltz's
Organizations:
Trian Fund Management, Trian, Disney, Trust
Locations:
Disney