Top Stock Movers Now: Cisco Systems, Walt Disney, Sealed Air, and More

Major U.S. equities indexes fell Thursday, a day after President Donald Trump signed a funding bill to end the longest federal shutdown in U.S. history. Technology shares dragged the Nasdaq down nearly 2%, while the S&P 500 and Dow Jones Industrial Average were also lower.

Shares of The Walt Disney Co. (DIS) sank 9% to pace S&P 500 decliners after the media and entertainment giant reported weaker-than-expected revenue as its linear TV networks business continues to struggle.

Flutter Entertainment (FLUT) stock dropped 11% after the FanDuel parent cut its full-year revenue and adjusted EBITDA forecasts.

WEBTOON Entertainment (WBTN) shares plummeted 25% after the online comics site projected declining fourth-quarter revenue.

Cisco Systems (CSCO) stock surged over 4% after the network-equipment firm lifted its full-year profit outlook.

Sealed Air (SEE) shares soared 19% following a report that the maker of Bubble Wrap and other packaging products was in talks with…