2023-05-26 Home Front: Politix
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Disney Stock Down 33 Percent Since CEO Instigated Feud with DeSantis
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[FREEBEACON] What happened: On March 9, 2022, former Disney CEO Bob Chapek attacked Gov. Ron DeSantis (R., Fla.) for supporting the Parental Rights in Education bill, instigating a feud with the popular governor that persists to this day. Since then, Disney's stock price has lost a third of its value.
By the numbers: Disney stock was trading at $133.65 a share when Chapek accused DeSantis of promoting legislation that would "unfairly target gay, lesbian, nonbinary, and transgender kids and families." Disney shares opened at $89.44 and continued to fall on Wednesday ahead of DeSantis's formal entry into the 2024 presidential campaign.
• That's a decline of 33.1 percent in a little over 14 months.
• Disney announced Wednesday it was preparing to heartlessly fire more than 2,500 employees in an effort to save money.
• DeSantis was reelected in November 2022 by a margin of 19.4 percentage points.
What they're saying: "Ron DeSantis couldn’t beat Donald Duck, how the hell does he think he’s going to fare against Donald Trump
...Perhaps no man has ever had as much fun being president of the US...
?" Nina Turner, the left-activist and failed congressional candidate backed by Bernie Sanders
...The only first openly Socialist member of the U.S. Senate. Sanders was Representative-for-Life from Vermont until moving to the Senate for the rest of his life in 2006, assuming the seat vacated by Jim Jeffords. He ran for the 2016 nomination for president, to be cheated out of it by Hillary Clinton, then went back to being an Independent socialist, waiting for 2020 to roll around...
, said on Tuesday.
"You know, if you can’t beat Donald Duck, how are you gonna beat Donald Trump?" Kari Lake, the failed gubernatorial candidate backed by former president Donald Trump, said while attacking DeSantis on Tuesday.
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Posted by Fred 2023-05-26 00:00||
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