Webtoon shares surged after an expanded tie-up with Disney. Here's what you need to know.Shares of Webtoon Entertainment (WBTN 39.17%) skyrocketed on Tuesday, peaking with a 42.5% one-day gain just after noon ET. The company just expanded its partnership with Walt Disney (DIS -0.25%), significantly boosting the business value of the Webtoon digital comics platform. Disney is back with a bigger dealAbout a month ago, on Aug. 12, Webtoon struck up an agreement with the House of Mouse. That deal involved about ...

U.S. stocks traded mostly lower midway through trading, with the Dow Jones index falling more than 150 points on Tuesday.The Dow traded down 0.37% to 45,713.02 while the NASDAQ fell 0.03% to 22,341.05. The S&P 500 also fell, dropping, 0.14% to 6,605.77.Check This Out: How To Earn $500 A Month From Darden Restaurants Stock Ahead Of Q1 EarningsLeading and Lagging SectorsEnergy shares jumped by 1.1% on Tuesday.In trading on Tuesday, utilities stocks fell by 0.8%.Top HeadlineDave & Buster's Entertainment Inc. P ...

UKRAINE - 2024/06/27: In this photo illustration, a Webtoon Entertainment Inc. logo is seen on a smartphone and on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesLast month’s tantalizing announcement of a limited content deal between the Walt Disney Company and digital storytelling platform Webtoon turned out to just be the prelude to a much deeper partnership. Yesterday Disney and Webtoon announced the two companies will pa ...

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 ...