Author Topic: Disney Lost $63 Billion in Market Capitalization Since Going Full Woke in Florida  (Read 436 times)

0 Members and 1 Guest are viewing this topic.

Online mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 386,141
  • Let's Go Brandon!
Disney Lost $63 Billion in Market Capitalization
Since Going Full Woke in Florida


David Ng 3 May 2022

The Walt Disney Co. has lost nearly $63 billion in market capitalization since it decided in March to embrace radical LGBTQ activism and declare war on Florida by opposing the state’s Parental Rights in Education law.

Shares of Disney have plummeted 23.5 percent since the start of March, falling from $145.70. Market cap is down $62.6 billion, from $265.3 to $202.7 billion.

For the past 12 months, Disney has seen its stock drop more than 30 percent, making it the worst performing stock on the Dow Jones Industrial Average.

Disney’s free fall comes as the company has embraced woke, far-left politics, specifically the exposure of young children to radical LGBTQ ideology. In so doing, the entertainment giant has alienated millions of customers and picked a fight with Florida GOP leaders.

The trouble began in early March when Disney CEO Bob Chapek caved to a group of LGBTQ employees, abandoning the company’s neutral position on the Florida legislation.

more
https://www.breitbart.com/entertainment/2022/05/03/disney-market-capitalization-tanks-63-billion-since-going-full-woke-in-florida/
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Online Hoodat

  • Hero Member
  • *****
  • Posts: 37,695
Why hasn't their board of directors taken action to protect their stockholders?
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-

Offline Bigun

  • Hero Member
  • *****
  • Posts: 52,405
  • Gender: Male
  • Resistance to Tyrants is Obedience to God
    • The FairTax Plan
"I wish it need not have happened in my time," said Frodo.

"So do I," said Gandalf, "and so do all who live to see such times. But that is not for them to decide. All we have to decide is what to do with the time that is given us."
- J. R. R. Tolkien

Online andy58-in-nh

  • Hero Member
  • *****
  • Posts: 9,781
  • Gender: Male
"The most terrifying force of death, comes from the hands of Men who wanted to be left Alone. They try, so very hard, to mind their own business and provide for themselves and those they love. They resist every impulse to fight back, knowing the forced and permanent change of life that will come from it. They know, that the moment they fight back, their lives as they have lived them, are over. -Alexander Solzhenitsyn

Online Wingnut

  • That is the problem with everything. They try and make it better without realizing the old is fine.
  • Hero Member
  • *****
  • Posts: 26,978
  • Gender: Male
It is just a "Transitory" loss.
I am just a Technicolor Dream Cat riding this kaleidoscope of life.

Online GtHawk

  • Hero Member
  • *****
  • Posts: 19,197
  • Gender: Male
  • I don't believe in Trump anymore, he's an illusion

Offline 240B

  • Lord of all things Orange!
  • TBR Advisory Committee
  • ***
  • Posts: 26,734
    • I try my best ...
"GO WOKE, GO BROKE!"

No corporation can effectively jettison 99% of their customers to appease the remaining 1% (which may or may not be potential customers). This is irrational insane thinking. It is a suicidal business practice. And yet it happens all the time almost exclusively in American companies with the same result every time.

It is not as many people say, "They never learn." They know or should know exactly what they are doing. They just don't care. Most glaringly in Hollywood, Coca-Cola, and Disney, 'the perverted Leftist agenda' is more important to them than profits.

According to them, they are never wrong. It is just the public is TOO STUPID to recognize how 'enlightened' and 'uber-correct' they are. But that should not matter. They are not supposed to be in business to lose money, for any reason.

If they want to stop being 'for profit' corporations to become Political PACs, then just do that ... out in the open. People will adjust and these companies will start existing on 'contributions' instead of profits as most political organizations do.
You cannot "COEXIST" with people who want to kill you.
If they kill their own with no conscience, there is nothing to stop them from killing you.
Rational fear and anger at vicious murderous Islamic terrorists is the same as irrational antisemitism, according to the Leftists.

Offline IsailedawayfromFR

  • Hero Member
  • *****
  • Posts: 18,756
It will continue to worsen for Disney until we see management changes and true contrition.

Remember this is a California company.
Here's the CEO's statement
Disney CEO Bob Chapek grovels, apologizes, and pledges to "be a better ally for the LGBTQ+ community."
https://twitter.com/i/status/1512192241959284747

« Last Edit: May 05, 2022, 04:53:33 pm by IsailedawayfromFR »
No punishment, in my opinion, is too great, for the man who can build his greatness upon his country's ruin~  George Washington

Offline roamer_1

  • Hero Member
  • *****
  • Posts: 44,455
It will continue to worsen for Disney until we see management changes and true contrition.

Remember this is a California company.
Here's the CEO's statement
Disney CEO Bob Chapek grovels, apologizes, and pledges to "be a better ally for the LGBTQ+ community."
https://twitter.com/i/status/1512192241959284747



NAH. This is what they ARE, and nearly always have been. Don't believe me go find a decent youtube vid of Disney's subliminal sex in their movies. This crap goes all the way back.