Webtoon shares jump more than 25% on deal to create digital comics platform for Disney's Marvel and Star Wars
Webtoon Entertainment Inc. signage during the initial public offering event outside the Nasdaq MarketSite in New York, US, on Thursday, June 27, 2024.Webtoon briefly jumped more than 36% in early trading, reaching a new 52-week high and on track for its second-largest one-day advance since going public last year.Webtoon Entertainment shares surged on Tuesday after signing a deal to create a digital comic platform for Disney , and agreeing to sell the media conglomerate a 2% equity stake.Disney and Webtoon a ...