Webtoon Stock Jumps 30% on Disney Investment, Collaboration
1. Disney to acquire 2% stake in Webtoon, boosting collaboration. 2. New platform to centralize Disney comic franchises under a single subscription. 3. WBTN shares surged 30% in premarket trading following the announcement. 4. Partnership viewed as a strategic growth opportunity by Webtoon’s CEO. 5. Collaboration aligns with positive trends in both Disney and Webtoon shares.