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 ...
Cheaper to give morning after pills to any biological female.
Couldn't you go to the hospital and opt for next day "delivery" instead? Amazon Prime?
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
“are saying they will pay travel expenses for women to get abortions.”
Only women? That’s not very woke of them.
L
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.
Heh, that is REALLY good. I wonder who made that. It’s great work.
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!
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.
Mickey Molester.
. 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.
I hope Anaheim and Orlando loose lots of tourist dollars, and Disney in burbank closes doors
Roflmao
Might need to offer a severance package to LGBTQ employees in order to "clean" house.
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.
Yes. So many other fun things to do.(and truly educational)
Disney does not lose money when stock goes down.
The only way to wake the woke is mess with their investments. lol
Doesn’t really affect the company. Just the shareholders.
Actually, it's Disney's shareholders who are taking the hit.
You start think how much leverage Disney has which the lower valuation could impact.
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