Webtoon Shares Bounce Back Near IPO Price with Disney's Backing

Dow Jones

Yesterday

By Dean Seal

Shares of Webtoon Entertainment are climbing close to their IPO price after Disney said it was preparing to take a 2% stake in the online-comics company.

The stock rose 36% to $20.40 in the morning trading session. Shares debuted at $21 in June 2024 and tumbled as low as $6.75 in April before bouncing back over the last month.

Disney said after Monday's closing bell that it has signed a non-binding term sheet to acquire a 2% equity interest in Webtoon. The companies have also reached an agreement for Webtoon to build a new digital-comics platform to house all of Disney's various comics brands.

The deals are an expansion of a team-up Disney announced a month ago to put nearly 100 classic comics and new online series on Webtoon's online-comic platform.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

September 16, 2025 10:36 ET (14:36 GMT)

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Shares debuted at $21 in June 2024 and tumbled as low as $6.75 in April before bouncing back over the last month. \n</p>\n<p>\n  Disney said after Monday's closing bell that it has signed a non-binding term sheet to acquire a 2% equity interest in Webtoon. 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Shares debuted at $21 in June 2024 and tumbled as low as $6.75 in April before bouncing back over the last month. \n\n\n  Disney said after Monday's closing bell that it has signed a non-binding term sheet to acquire a 2% equity interest in Webtoon. The companies have also reached an agreement for Webtoon to build a new digital-comics platform to house all of Disney's various comics brands. \n\n\n  The deals are an expansion of a team-up Disney announced a month ago to put nearly 100 classic comics and new online series on Webtoon's online-comic platform. \n\n\n \n\n\n  Write to Dean Seal at dean.seal@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  September 16, 2025 10:36 ET (14:36 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}