The Walt Disney Co. (DIS) is the 'Stock of the Day' at Real Money. The company announced that Bob Iger was stepping down and named Bob Chapek will be its seventh chief executive officer, effective immediately. Bob Iger will take the role of executive chairman through Dec. 31, 2021 - the end of his contract with the company. Iger, by all accounts, seems to have been a powerful force in the company's success for many years.
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Traders are looking hard and trying to find stocks that have been mistreated recently without any real justification.