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4 Culture Moments that Rocked the Stock Market

1. Love Island sets ITV Stocks fluttering 4.8%

What is carrying the hopes of investors with UK broadcaster ITV…? Nope, not the sharp new strategy of CEO Carolyn McCall but the half-naked, sun-soaked romance of the Mallorcan-based reality TV show, Love Island, that sent the ITV shares up 4.8% after a record-breaking opening night.

2. Frozen heats up Disney stock over 19%

While “Frozen” isn’t the only reason for Disney’s success on Wall Street, the resurgence of the company’s animation studio obviously isn’t hurting. And with Fortune reporting in January that a Broadway version of “Frozen” could be in the cards, Disney investors may be singing about Elsa, Anna and Olaf for years to come.

3. Kylie’s over Snapchat, wipes $1.3 billion off stock

Reality TV star Kylie Jenner wiped $1.3bn (£1bn) off Snap’s stock market value after tweeting that she no longer used its Snapchat messaging app.

Celebrity Kim Kardashian’s half-sister poster: “sooo does anyone else not open Snapchat anymore? Or is it just me… ugh this is so sad.”

4. Gregg’s vegan sausage roll drove sales up 14%

Greggs (they’re bigger than you think), are lapping up the ‘veg-olution’ as the Vegan sausage roll drove sales up 14% for the high street baker at the beginning of 2019.

CharlieWP
About author

Fully qualified CISI Investment adviser for 6 years. Managing high-net worth private client portfolios as well as whilst providing Equity insight for numerous publications. Brains behind Spotlight.
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