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Disney's Market Freefall
PJ Media ^ | 4 May 2022 | Chris Queen

Posted on 05/04/2022 3:48:41 PM PDT by Rummyfan

There’s a saying, and I don’t know who coined it, but it goes something like, “Go woke; go broke.” I do know that former president Donald Trump said that “everything woke turns to s**t.”

One company that’s learning this lesson the hard way — even though nobody there will admit it publicly — is Disney. David Ng at Breitbart is reporting that The Walt Disney Company has lost a whopping $63 billion in market capitalization over the past two months.

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

(For the uninitiated, Investopedia defines market capitalization as “the total dollar market value of a company’s outstanding shares of stock. Commonly referred to as ‘market cap,’ it’s calculated by multiplying the total number of a company’s outstanding shares by the current market price of one share.”)

I don’t know about you, but it’s hard to wrap my head around losing that kind of money. I freak out if I lose a $20 bill, so losing tens of billions because I took a political position that appeases a percentage of my workforce and a smaller percentage of the world at large at the expense of everybody else would be disastrous. That amount of money may be chump change to Disney, but it’s still nearly a quarter of its market cap.

(Excerpt) Read more at pjmedia.com ...


TOPICS: News/Current Events
KEYWORDS: depedofication; mickeymolester
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To: Honest Nigerian

Cheaper to give morning after pills to any biological female.


21 posted on 05/04/2022 4:13:41 PM PDT by EQAndyBuzz ("Todays conspiracy theory is tomorrows spoiler alert." )
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To: God luvs America
other companies- I’ve read Amazon for one, are saying they will pay travel expenses for women to get abortions.

Couldn't you go to the hospital and opt for next day "delivery" instead? Amazon Prime?

22 posted on 05/04/2022 4:15:10 PM PDT by Don Corleone (leave the gun, take the canolis)
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To: Honest Nigerian

levi’s
uber/lyft

are the ones i have read about so far

are there others?

plus the LEFT wants the major advertisers, coke, disney, etc. to boycott elon musk’s twitter

i already dumped all the national name brands as much as possible because they fund the corrupt media which props up the corrupt LEFT. i buy generic/local brands as much as possible.

plus i dumped cable tv because their cable subscriber fees prop up the LEFTIST cable tv channels

not on any social media

it is way past time to dump everything that is propping up the LEFT

it is way past time

to disrupt the system, we must disrupt our lives


23 posted on 05/04/2022 4:15:59 PM PDT by joshua c (Dump the LEFT. Cable tv, Big tech, national name brands)
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To: God luvs America

“are saying they will pay travel expenses for women to get abortions.”

Only women? That’s not very woke of them.

L


24 posted on 05/04/2022 4:16:29 PM PDT by Lurker (Peaceful coexistence with the Left is not possible. Stop pretending that it is.)
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To: Rummyfan
This 70+ yr boomer was a major Disney fan at one time in my early years.

As a young person I just loved the Walt Disney show on TV. I 've taken my kids to the LA park when they were young, and we had wonderful times.

Now?

If it's Disney, I'm not watching, going or paying a farthing.

Apologies to the late Walt, who knew better than any of this.

25 posted on 05/04/2022 4:19:54 PM PDT by Seaplaner (Never give in. Never give in. Never, never, never...in nothing, great or small...Winston Churchill)
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To: R_Kangel

Heh, that is REALLY good. I wonder who made that. It’s great work.


26 posted on 05/04/2022 4:21:43 PM PDT by ProtectOurFreedom (Instead of criminalizing guns, we need to criminalize criminals.)
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To: Rummyfan

Disney didn’t just affect their own bottom line. The other day I received a phone call from Hilton Hotels offering me discount rooms in Orlando. I was a Hilton Honor member but have not stayed in one of their hotels since 2014 and that was in Los Angeles. I asked the girl if the offer was because of cancellations and she said yes. The fact that they are reaching that far back in their customer history speaks volumes. No sale!


27 posted on 05/04/2022 4:23:30 PM PDT by anonsquared
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To: Rummyfan

Most businesses (like humans) have a life span. How long you live often depend on the decisions you make through life.

Many businesses end up prematurely dead because of bad decisions. Disney is not too big to fail and if the suits don’t begin some damage control they will discover customers can find other places to spend their money.


28 posted on 05/04/2022 4:25:19 PM PDT by CIB-173RDABN (I am not an expert in anything, and my opinion is just that, an opinion. I may be wrong.)
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To: Rummyfan

Mickey Molester.


29 posted on 05/04/2022 4:27:46 PM PDT by FlingWingFlyer (Don't blame me, I voted for President Trump. Let's Go Brandon! FJB!)
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To: Fai Mao

. Totally useless company now. Was enchanting for kids at first....now, an obnoxious strident hateful org. Many, many, other options. Let the Dizzney company corpse, and it’s other business partners rot.


30 posted on 05/04/2022 4:29:07 PM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Lurkinanloomin

I hope Anaheim and Orlando loose lots of tourist dollars, and Disney in burbank closes doors


31 posted on 05/04/2022 4:32:55 PM PDT by markman46 (engage brain before using keyboard!!!you)
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To: R_Kangel

Roflmao


32 posted on 05/04/2022 4:34:24 PM PDT by markman46 (engage brain before using keyboard!!!you)
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To: Extremely Extreme Extremist
Eliminate all the LGBTQ crap (including gay days) and terminate any employee that publicly advocates for it

Might need to offer a severance package to LGBTQ employees in order to "clean" house.

33 posted on 05/04/2022 4:34:51 PM PDT by MinorityRepublican
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To: Extremely Extreme Extremist

Dizzney needs to die. They abused everyone. There are enough historical remembrances of the old Dizzney. Plus plenty of good substitutes. Kill the company and it’s partners and franchises. ABC, ESPN, Hulu, marvel, star wars, etc. Stick a fork in those companies. Time for shareholders to bail before they lose everything.


34 posted on 05/04/2022 4:36:44 PM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: R_Kangel

Yes. So many other fun things to do.(and truly educational)


35 posted on 05/04/2022 4:39:59 PM PDT by Getready (Wisdom is more valuable than gold and diamonds, and harder to find.)
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To: Rummyfan

Disney does not lose money when stock goes down.


36 posted on 05/04/2022 4:40:07 PM PDT by Raycpa
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To: Rummyfan

The only way to wake the woke is mess with their investments. lol


37 posted on 05/04/2022 4:41:38 PM PDT by servantboy777
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To: Rummyfan

Doesn’t really affect the company. Just the shareholders.


38 posted on 05/04/2022 4:51:37 PM PDT by kvanbrunt2
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To: Rummyfan
From the article: Now Disney is paying the financial price for its woke turn.

Actually, it's Disney's shareholders who are taking the hit.

39 posted on 05/04/2022 4:56:31 PM PDT by KevinB (''...and to the Banana Republic for which it stands ...")
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To: Rummyfan

You start think how much leverage Disney has which the lower valuation could impact.


40 posted on 05/04/2022 4:58:40 PM PDT by Lockbox (politicians, they all seemed like game show hosts to me.... Sting)
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