Disney stock has crashed 50% in the last nine months.
Most of that is concern about business at their theme parks.
Below - a one year weekly stock chart for Disney.
“Most of that is concern about business at their theme parks.”
About four years ago, The Wife and I took the great niece to Disneyworld in Orlando. It was kinda fun. The wait for the rides wasn’t too bad. Seeing the Magic Castle was cool because of its iconic nature in American pop culture.
But the whole experience was expensive as hell. Obnoxiously so - especially the food and drinks. I get it that food is how they make money but I gotta think that the overall cost (let’s say you have a family of five) has gotta be extreme. No wonder people are shying away from going.
Re: “Get Woke, Go Broke.”
Re: “Go Brokeback Woke, Go Broke.”
Post Covid. That takes a lot of bad moves.