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Six Flags shares drop after fatal roller coaster accident; Disney bids on Character.AI IP amid bankruptcy.

Market News
13 Oct 2026
Seeking Alpha
View Source
Neutral
Six Flags shares drop after fatal roller coaster accident; Disney bids on Character.AI IP amid bankruptcy.

Six Flags Entertainment shares fell sharply after a fatal incident on a roller coaster in Georgia, leading to immediate ride closures and ongoing investigations. Character Technologies filed for Chapter 11 bankruptcy, with Disney acting as a stalking horse bidder for key intellectual property in a $20 million deal. Micron Technology announced a record $35.16 billion share buyback amid strong AI-driven memory demand. Meanwhile, Kroger plans to cut 3,000 corporate jobs over three years as it integrates AI into operations and continues restructuring efforts.

Micron Technology shares are down 3.04% at USD 958.99 on Pluang, reflecting some profit-taking after its record buyback announcement. Walt Disney Co shares are up 0.57% at USD 109.11, despite the bankruptcy news involving Character Technologies, with all Pluang orders currently selling Disney. Kroger shares gained 0.70% to USD 63.00, showing investor interest amid its restructuring plans. These prices are as of Oct 13, 2026 17:41 WIB.

More News (DIS)

Disney rated Buy with 12-18% return target; cautious on cash flow and dividend coverage.

Disney rated Buy with 12-18% return target; cautious on cash flow and dividend coverage.

The Walt Disney Company is rated Buy with a recommendation to partially buy below $110 and target a 12-18% return over 12-18 months. Disney's Experiences segment, which includes cruise expansion, drives a majority of profits despite representing a sm...

Analyst Insights
Bullish
1 day ago
Disney remains a buy with strong IP and growth potential despite trading below peers.

Disney remains a buy with strong IP and growth potential despite trading below peers.

The Walt Disney Company is considered a buy due to its strong intellectual property portfolio and improving execution. Industry consolidation, such as the Skydance merger, highlights the value of Disney's IP and strengthens its competitive position. ...

Analyst Insights
Bullish
1 day ago
Micron's market value surpasses Coca-Cola, PepsiCo, and other top consumer brands combined.

Micron's market value surpasses Coca-Cola, PepsiCo, and other top consumer brands combined.

Micron Technology's market capitalization reached about $1.17 trillion, exceeding the combined $1.104 trillion of seven major consumer brands including Coca-Cola, PepsiCo, McDonald's, Disney, Starbucks, Nike, and Chipotle. This valuation reflects str...

Market News
Bullish
4 days ago
IMAX's market position remains strong despite Disney's plan for a rival premium screen network.

IMAX's market position remains strong despite Disney's plan for a rival premium screen network.

Wedbush analysts say IMAX Corp's position is secure despite reports that Disney is trying to form a coalition with other studios to compete with IMAX's premium screens. IMAX benefits from strong consumer branding and holds a large share of box office...

Market News
Neutral
4 days ago
Skydance stock rebounds 5% after initial selloff post-Warner Bros. deal, outpacing Netflix and Disney gains.

Skydance stock rebounds 5% after initial selloff post-Warner Bros. deal, outpacing Netflix and Disney gains.

Skydance shares rose 5% following a weak debut on the NYSE after completing its acquisition of Warner Bros. Discovery, marking the first gain since the new listing began. The rebound contrasts with smaller increases in Netflix and Walt Disney stocks,...

Market News
Bullish
4 days ago
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