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Webtoon shares jump more than 25% on deal to create digital comics platform for Disney's Marvel and Star Wars
CNBC· 2025-09-16 23:08
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 ...