Webtoon Entertainment shares soar after digital comic platform deal with Disney
ReutersSep 16, 2025 2:30 PM
Shares of online comics platform Webtoon Entertainment WBTN.O soar 28.1% to $19.2- hitting a 13 month high
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
Including session's move, WBTN up 39.5% YTD
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