Disney Lost $63 Billion in Market Capitalization
Since Going Full Woke in Florida
Breitbart,
by
David Ng
Original Article
Posted By: Dreadnought,
5/3/2022 9:32:45 PM
The Walt Disney Co. has lost nearly $63 billion in market capitalization since it decided in March to embrace radical LGBTQ activism and declare war on Florida by opposing the state’s Parental Rights in Education law.
Shares of Disney have plummeted 23.5 percent since the start of March, falling from $145.70. Market cap is down $62.6 billion, from $265.3 to $202.7 billion.
For the past 12 months, Disney has seen its stock drop more than 30 percent, making it the worst performing stock on the Dow Jones Industrial Average.
Disney’s free fall comes as the company has embraced woke, far-left politics, specifically the exposure of young children to radical LGBTQ ideology.
Reply 1 - Posted by:
scottj 5/3/2022 9:39:49 PM (No. 1145861)
Well Jiminy cricket! Bye.
44 people like this.
Reply 2 - Posted by:
Rumblehog 5/3/2022 10:17:19 PM (No. 1145878)
I would surmise that the Board of Directors will have NO alternative but to fire the CEO.
41 people like this.
And publicly fire the weirdos who made the tiktok videos bragging about their ‘not so secret’ agenda , plus everyone they hired and everyone who hired them. This time issue the groveling apology to American families.
39 people like this.
Reply 4 - Posted by:
Ribicon 5/3/2022 10:55:37 PM (No. 1145904)
The CEO should not only be fired, but also sued into abject poverty for gross malfeasance of his fiduciary duty to run the company properly in exchange for the $33 million dollars he pockets in salary, plus whatever other obscene perks and stock options he enjoys. How's that?
59 people like this.
Reply 5 - Posted by:
DVC 5/3/2022 11:56:18 PM (No. 1145929)
Couldn't be more deserved. I hope that they collapse and fail.
38 people like this.
Reply 6 - Posted by:
LadyHen 5/4/2022 12:48:00 AM (No. 1145940)
Good!
19 people like this.
Reply 7 - Posted by:
smokincol 5/4/2022 12:57:23 AM (No. 1145946)
couldn't happen to a more deserving bunch
22 people like this.
Reply 8 - Posted by:
NullUnit60 5/4/2022 4:43:47 AM (No. 1145977)
It can be summed up in one word: Gillette.
15 people like this.
Reply 9 - Posted by:
PostAway 5/4/2022 5:37:22 AM (No. 1146002)
Alternatively, some of the trillions that are sent into Washington could flow to Disney which seem to already have decided that innocent fun is too white colonial. Don’t be so sure customers have the upper hand when billions of taxpayer dollars are now a rounding error and corrupt politicians face no consequences for their behavior.
9 people like this.
Reply 10 - Posted by:
DCGIRL 5/4/2022 6:27:39 AM (No. 1146041)
When I heard one of their executives in a video state that they are placing the LDQDT(?) in all their products, it made me mad as hell. I will never purchase anything Disney until they clean up their mess.
25 people like this.
Reply 11 - Posted by:
chumley 5/4/2022 6:30:11 AM (No. 1146045)
I hope the business world is seeing the big mistake being made. They hire these dopey college kids who bring to the business world the same crappola they did in college. It got them all sorts of admiration there, but in the real world it is considered odious.
Here are a few basics for you college kids. Girls in bikinis can sell anything, especially beer. Gays are a turn off. Mixed race couples are a turn off. There do not have to be racial minorities in every single commercial. Fat women can not sell fried chicken, but they cant sell underwear. Feminine hygiene products, erectile products and birth control products have no place in my living room.
Stick with those rules and you may be successful.
44 people like this.
Reply 12 - Posted by:
chumley 5/4/2022 6:31:33 AM (No. 1146046)
Edit for post 10: Fat women CAN sell fried chicken.
17 people like this.
Reply 13 - Posted by:
Krause 5/4/2022 6:48:08 AM (No. 1146055)
Looks like Chapek will get only a small bonus this year.
6 people like this.
Reply 14 - Posted by:
Talk2 5/4/2022 6:58:01 AM (No. 1146061)
The first question I ask myself is - how the heck did these child abusers get into leadership positions in a child centric business?
25 people like this.
Reply 15 - Posted by:
Rinktum 5/4/2022 7:03:25 AM (No. 1146065)
Never thought I would say this, but I hope Disney sinks back into the swamp from whence it came. Their wokester hierarchy has destroyed Walt’s dream. Anyone who supports that vile wretched company is on the wrong side of this issue. It is our responsibility as parents, grandparents and just decent human beings to protect innocent children from sexualization. Any company or organization that does not understand this basic concept deserves to be cancelled.
This disgusting evil is coming for our kids and we must all be diligent to do everything we can to protect them. It is especially egregious when this kind of grooming is done under the auspices of family entertainment specifically geared to children. Disney has destroyed itself and has become the evil villain in the fairy tale they created. Evil very often comes disguised as good and we now know no one does that better than Disney.
30 people like this.
Reply 16 - Posted by:
ironchefw 5/4/2022 8:01:31 AM (No. 1146096)
I guess Trans people don't buy stocks. Take note moron CEOs.
13 people like this.
Reply 17 - Posted by:
bpl40 5/4/2022 8:04:31 AM (No. 1146098)
There was an article recently which said that Disney has fundamentally shifted its focus from wholesome entertainment for children and families to promoting and re-enforcing woke culture to confused and mixed up young adults. it s a totally different company. They were doing it under the old pretense but the Florida law just exposed them to the general public.
16 people like this.
Reply 18 - Posted by:
Speedy2 5/4/2022 8:18:40 AM (No. 1146119)
Heard a rumor that Disney will be offering family friendly abortions to regain profitability
7 people like this.
Reply 19 - Posted by:
Daisymay 5/4/2022 8:21:54 AM (No. 1146122)
Apparently, the Powers that Be at Disney forgot that REPUBLICANS used to bring their children to have fun at their Place. NOW, not so much! People talk with their Money! They're saying NO to perversion! Also, I loved #11's Rules! I also agree with every one of them! Maybe they should be sent to Offices at Disney World and Disneyland! Obviously, they have no Clue what went wrong!!
10 people like this.
Reply 20 - Posted by:
Trapper 5/4/2022 8:46:02 AM (No. 1146140)
And the woke left is now calling on CEOs to take a stand against Musk's takeover of twitter by canceling their companies' advertising there. Right .....
Step right up, you brave CEOs, and follow Disney's lead. It is YOUR turn to ignore your shareholders' interests, to follow the orders of a fringe woke leftist mob, and drive YOUR company and YOUR career right off the same cliff as Disney.
Step to the front, you brave CEOs.
14 people like this.
Reply 21 - Posted by:
WhamDBambam 5/4/2022 8:48:00 AM (No. 1146142)
Next do Amazon. Netflix has already done it to itself.
21 people like this.
Reply 22 - Posted by:
Dodge Boy 5/4/2022 9:34:11 AM (No. 1146198)
What Disney did was a self-inflicted wound. Soon to be mortal. Never understood why companies choose to damage their own businesses by deciding to be woke. This company is gone. Even the trannies can't save it. Grandpa Walt must be rolling in his grave.
14 people like this.
Reply 23 - Posted by:
bigfatslob 5/4/2022 10:04:33 AM (No. 1146226)
While on the subject of 'fantasies' here my take on Disney the behemoth of entertainment. This is when the fall began. Walt Disney captured the essence of entertainment the family with children. Years that followed an undetected disease crept in, homosexuals. Talented people worked at Disney, but the influence of the disease wasn't detected or just ignored. The perfect storm for grooming and indoctrination was at hand, children and cartoons go together a vehicle for homosexuals. To become woke for such a minority group, to bring down a giant like Disney is heart breaking to most but just realize the cause then walk away remembering Walt Disney.
8 people like this.
Reply 24 - Posted by:
Speedypetey 5/4/2022 10:17:14 AM (No. 1146241)
CEO Chapek's first words out of his mouth was; don't say gay? The legislation is; a parental informed consent in the education curriculum for their minor child. And in supporting the false narrative when asked did he read it he said; no. It is 7 PAGES long! And you get paid multi millions and drop the value of your sharholders $63 billion and can't read! Is he ADHD? Disney is so done!
6 people like this.
Reply 25 - Posted by:
MickTurn 5/4/2022 10:24:51 AM (No. 1146245)
Yep go Woke Go BROKE. Leftists revel in being the sub intelligent creatures on the planet!
7 people like this.
Break out the champagne!!
4 people like this.
Reply 27 - Posted by:
Strike3 5/4/2022 10:56:56 AM (No. 1146287)
It couldn't have happened to a better bunch of perverts. Yo, Disney family, Jeffrey Epstein showed you an example of how to make billions of dollars yet you lost a big chunk of your fortune. With your resources you could have bought a large group of islands in the middle of nowhere, bought a fleet of private planes and opened up a whole new facet to your business, Disney's Pedophile Kingdom. All you had to do was borrow the money from one of your customers, Bill Gates. Your marketing people are not very bright.
5 people like this.
Reply 28 - Posted by:
thehutchcom 5/4/2022 10:58:12 AM (No. 1146289)
This company. They were overdue for a huge fall. They buy Star Wars and ruin it. They bought 20th Century Fox, yielding them a lot of products that aren't really appropriate to Disney (like Simpsons and Family Guy). They buy Marvel and everything since Endgame is pretty mediocre, while the comics themselves are dying. They only remake the work of their animators with CGI "live action" movies but have nothing new that's any good. Pixar hasn't had a true hit in ages. Their films may make a profit, even be hits...but are they GOOD? Are they anything that people will remember fondly later? They are far from their 90s renaissance and they need another one.
Maybe they might start selling off some things. We can only hope.
1 person likes this.
Reply 29 - Posted by:
Zigrid 5/4/2022 10:58:47 AM (No. 1146291)
I knew this would happen...based on my information from my friends and their families...disney is OFF their list for entertainment...I think it's just the beginning of their fall from entertainment for the family...so...ladies and gentlemen...and boys and girls...let's find alternative sites...and play those wonderful ole movies from our private film libraries...I'm watching Cinderella today...
7 people like this.
Reply 30 - Posted by:
clipped wings 5/4/2022 11:39:14 AM (No. 1146341)
Add “Zipputy doo dah!” To your exclamation, #1!
4 people like this.
Reply 31 - Posted by:
bigfatslob 5/4/2022 11:52:34 AM (No. 1146360)
Second post but the song from 'Songs of the South' is very appropriate here after it was banned as being racist, "Zippity Do Dah" to Disney.
3 people like this.
Reply 32 - Posted by:
Kafka2 5/4/2022 12:07:54 PM (No. 1146377)
If the Disney CEO had bothered to read the Parental Rights in Education law instead of parroting false propaganda against the law, the company would not be in this mess. K through 3rd grade children are so trusting that one could convince them they are really a bunny rabbit in a child's body. The fact that this LGBTQ ideology was being taught to children without their parents knowledge is deplorable.
4 people like this.
Reply 33 - Posted by:
mossley 5/4/2022 1:15:55 PM (No. 1146444)
#14, this is nothing new. Perverts have been making their way into Disney for years. There's a lot of great info on the Internet, especially about the former kid stars who have been ruined and Disney's hiring of known pedophiles.
2 people like this.
Reply 34 - Posted by:
udanja99 5/4/2022 1:49:07 PM (No. 1146485)
#14, the same way that the Catholic Church got overrun with homosexual pedophile priests. In both cases it took decades but the “Gay Mafia” pulled it off.
2 people like this.
Reply 35 - Posted by:
doctorfixit 5/4/2022 2:10:20 PM (No. 1146499)
Go Woke, Go Broke. Boycott woke corporations like Disney.
3 people like this.
Reply 36 - Posted by:
broken01 5/4/2022 2:54:53 PM (No. 1146527)
Good I hope they lose more and lose it bigly.
1 person likes this.
Reply 37 - Posted by:
Omen55 5/4/2022 3:41:31 PM (No. 1146560)
Does this mean no bonus for the woke staff?
1 person likes this.
Reply 38 - Posted by:
swarfer 5/4/2022 6:41:12 PM (No. 1146688)
Micky has now become an LGBTQ grooming symbol. Just what every mom and dad want to experience during vacation. Good luck with that. By the way, why doesn't Donald wear any pants?
0 people like this.
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