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Starz Shares Jump 40% On First Day Of Trading, Disney Up 11% On Strong Quarterly Earnings
Starz and Disney shares shot up 40% and 11%, respectively, providing two bright spots in an otherwise murky 2025 for media stocks.
The programmer, which began as a linear TV network purveyor and now gets more than two-thirds of its revenue from streaming, announced its split from Lionsgate earlier Wednesday after eight years under the same corporate roof. Tech stocks, while they have largely pulled out of the free fall prompted last month by Donald Trump’s tariff proposals, continue to show vulnerability. According to a report by Bloomberg, Cue said Apple is looking at possibly adding Perplexity or other AI search engines to its default Safari web browser, which would be a blow to Google.
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