Webtoon Entertainment shares soar after digital comic platform deal with Disney
ReutersSep 16, 2025 9:05 AM
** Shares of online comics platform Webtoon Entertainment WBTN.O soar 50.1% to $22.45 premarket
** WBTN and Disney DIS.N create a new digital comics platform to feature comic content from Disney's portfolio, including Marvel and Star Wars
** DIS to also acquire 2% stake in WBTN
** WBTN and DIS entered into a strategic collaboration in mid-August to develop and promote comic content
** 6 of 9 brokerages rate the stock "buy" or higher, 3 "hold"; median PT is $15.5 - data compiled by LSEG
** Up to last close, WBTN up 10.2% YTD
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