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Disney is set to rank among WORST-PERFORMING stocks in 2022 as company prepares to be stripped of its special privileges in Florida: Stocks tumble 31% from a year ago
Daily Mail UK ^ | April 22, 2022 | Gina Martinez

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 ...


TOPICS: Business/Economy
KEYWORDS: bankruptthem; desantis; disney; dontsaygay; fl; florida; getwokegobroke; nogroomers; nopedos
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To: Morgana

Good time to buy?


21 posted on 04/22/2022 3:32:52 PM PDT by Raycpa
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To: Morgana
Disney stocks continue its sharp decline as the company is set to rank among the worst-performing stocks in 2022.

Good! I was hoping for that, plus a 90% drop in attendance at Disney World.

22 posted on 04/22/2022 3:34:35 PM PDT by libertylover (Our BIGGEST problem, by far, is that most of the media is hate & agenda driven, not truth driven.)
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To: Morgana

-35.29 at close today, 12 month return.


23 posted on 04/22/2022 3:44:14 PM PDT by jdsteel (Do I really need a /sarc?)
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To: Morgana

Let SJW NPCs turn the company into a vocal political propaganda and lobbying group ... prosper!


24 posted on 04/22/2022 3:56:28 PM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: RummyChick
they are trying to get back the former CEO.

Hah hah hah! He's the guy that created the toxic culture of SJW activists in key positions of power and turned that over to the new guy - who has stated and shown he wants to avoid politics from Disney - to get consumed by.

Sure, he'll fix it. By doubling down, no doubt.

25 posted on 04/22/2022 3:59:01 PM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: Morgana

Millennials over at Reddit are supporting Disney’s “woke” stand, while an equal number of Millennials are blasting Disney for alienating half its customers. In addition, the dopey communist Millennials are getting blasted for supporting tax breaks for corporations and don’t know how to respond. Hello, cognitive dissonance.

The cultural war has finally hit Millennial Reddit, and we have established a strong beachhead.


26 posted on 04/22/2022 3:59:06 PM PDT by sergeantdave
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To: sergeantdave

That’s called chasing their tails and they do a lot of it. 🤪

Entertaining at first but ultimately pathetic


27 posted on 04/22/2022 4:05:05 PM PDT by NWFree (Somebody has to say it)
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To: Raycpa

“””Good time to buy?”””


You better check Disney’s price/earnings ratio. At $50 I might consider being a buyer.


28 posted on 04/22/2022 4:18:22 PM PDT by Presbyterian Reporter
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To: Morgana

This year: Netflix approx 600 to 258.


29 posted on 04/22/2022 4:18:49 PM PDT by EEGator
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To: Jonty30

I’d say they want to go bankrupt...take the money and run. No one will buy it. The concept has seen its’ day.


30 posted on 04/22/2022 4:19:33 PM PDT by Sacajaweau ( )
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To: Morgana

Get woke...go broke!


31 posted on 04/22/2022 4:31:03 PM PDT by simpson96
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To: Morgana

I feel bad for the faceless, hard workers of the park just trying to make a living, doing crap jobs and being looked down on by everyone. They will be impacted by this.

That said, i hope the rest rot.


32 posted on 04/22/2022 4:39:22 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: Secret Agent Man

The faceless should be more careful for whom they work hard on their next job.


33 posted on 04/22/2022 5:17:16 PM PDT by citizen (Thieves of private property pass their lives in chains; thieves of public prop. in riches and luxury)
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To: Morgana

Has Disney started selling kiddie porn yet? It’s supposedly quite profitable.


34 posted on 04/22/2022 7:01:23 PM PDT by TChad ("Joe, we should evacuate the civilians before the military. You understand that, right? Joe?")
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To: Morgana
What about MLB? They weighed in on politics and took the all star game from Georgia and gave it to Colorado in order to protest the voter registration bill. In reality, Colorado already had stronger registration laws in place than what was on the Georgia ballot.

Lets rescind MLBs antitrust exemption.

35 posted on 04/22/2022 8:54:53 PM PDT by ProudGOP
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To: Morgana; Chode; GOPJ

36 posted on 04/23/2022 2:26:37 AM PDT by ding_dong_daddy_from_dumas (Re-imagine the media!)
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To: Morgana
Disney hasn't paid a dime in property taxes to Florida in 54 years.

Disney groomers need to get off the welfare train and pay their share.


37 posted on 04/23/2022 7:21:54 AM PDT by GOPJ (MSNBC bimbos 'feel' companies that groom children shouldn't have to pay taxes.)
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To: ding_dong_daddy_from_dumas

mickey the rat...


38 posted on 04/23/2022 10:13:16 AM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: srmanuel
The leadership team managed to unwind a nearly 60 year foundational and unique agreement with the state of FLA.

What’s shocking is the business has enough challenges without creating a fight over this long-standing agreement. Foolish move and it’s costing them. Tough lesson.

39 posted on 04/23/2022 10:27:50 AM PDT by HonkyTonkMan ( )
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To: HonkyTonkMan

That fact alone should get the current management team fired, politically Disney is huge in the State of Florida, but somehow they managed to throw it all away for political correctness.


40 posted on 04/23/2022 10:43:28 AM PDT by srmanuel (`)
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