Posted on 04/22/2022 2:30:56 PM PDT by Morgana
Disney stocks continue its sharp decline as the company is set to rank among the worst-performing stocks in 2022.
On Friday Disney opened at $120.04 per share, down nearly a dollar from yesterday when it closed at $121.66 after it had opened at $125.50 per share.
The media conglomerate is continuing its free fall as experts reported the company was the worst-performing Dow Jones stock of the year, plummeting 31 percent over the last year, Operation Sunlight reported.
Compared to the 30 companies that make up the Dow Jones, Disney's stock has seen the sharpest decline with 31 percent, followed by industry goods company 3M, which is down 25 percent, and home goods company Home Depot, down 23 percent over the last year.
Its a stark difference from a little over a year ago when Disney's stock was at an all-time high, trading at nearly $200 per share in March 2021, but when the markets closed on Thursday the stock was trading at $121 per share, a dramatic 33 percent decrease.
Disney's financial meltdown comes in the midst of its ongoing war with Governor Ron DeSantis, which started when Disney bosses opposed the so-called 'Don't Say Gay' bill and enraged the governor for weighing into politics.
The bill bans any discussion pertaining to 'sexual orientation' or 'gender identity' in Florida schools for students in kindergarten through third grade.
It will become law on July 1, and teachers who breach its regulations can be sued by parents.
(Excerpt) Read more at dailymail.co.uk ...
Market Summary > Walt Disney Co 118.27 USD −3.35 (2.75%) today Closed: Apr 22, 5:09 PM EDT • Disclaimer After hours 118.00 −0.27 (0.23%)
I’m pretty sure some of the parents were more enraged by Woke Disney’s politics than DeSantis.
Good.
I wish Pixar had stayed independent. They’ve pretty much produced crap since being acquired.
Woke = Broke.
You would think at some point, the Board of Directors or Share Holders would revolt and demand the management of Disney be fired and stop this nonsense and stop alienating at least 50% of the country.
Conservatives and their families want to go to Disney, stop pissing on them and driving half the country away.
It’s sad because Mr. Disney wanted his company to be a fun place for kids, not to be a company which tries to sexualize young children.
“Everything woke turns to sh%t”.
DJT
That just really irks me. It should be given an accurate nickname, the "Pro-Family, Anti-Pedophilia and Anti-Grooming Bill." Or "Hands Off Our Kids" bill (an homage to the new Disney hobgoblin, Captain Hook).
It’s worst than that. Last night I checked, it was trading at $124/share.
And it continues to fall. I’m not sure what Disney can do to stop the free-fall, but they better think of something fast. In after-hours trading it is now at $117.90.
Pedorats deserve it for turning Mickey into a fag 🤪
I posted a bunch of these if you just scroll down a bit.
they are trying to get back the former CEO.
Gossipy sites claim the guy doesn’t want the job..just wants one of the sports betting sites and one property.
Disney was over $200 in March 2021. Now it is at $118.
Another good news Friday!!!!!!!
Desantis signed that bill into law today.
There’s still time to short the stock.
That just really irks me. It should be given an accurate nickname, the “Pro-Family, Anti-Pedophilia and Anti-Grooming Bill.
—
It was a deliberate smear campaign by the leftist media. Thankfully, the right countered with “OK groomer” in response, which unnerved the Left.
Dave: HAL, open the bay door
HAL (IBM): I can’t do that Dave
Dave:. Open the fu@kin doors or I’ll sic DeSantes on your sorry software.
Where do I come up with this stuff...?
5.56mm
Oops.
DeSantis.
My bad.
5.56mm
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