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Home Front: Politix |
Disney Stock Down 33 Percent Since CEO Instigated Feud with DeSantis |
2023-05-26 |
[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 , 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. |
Posted by:Fred |
#9 What must be done is kill the head and the snake will die. Time to get the right to beat down the CEI ranking organizations until they are beaten flat. |
Posted by: M. Murcek 2023-05-26 12:08 |
#8 Companies will pay the piper to some or no extent based on their customer base. Calvin Klein and Subaru are not going to pay a price for any June rainbow hijinks.Ford, Disney and AE sell to people that don’t want a feeding tube full of trans propaganda. Conversely, CNN had a niche audience that have become more selective after their Trump debacle. |
Posted by: Super Hose 2023-05-26 11:48 |
#7 L.C. King |
Posted by: swksvolFF 2023-05-26 11:46 |
#6 I sure hope Wrangler and Wolverine don't go that route. |
Posted by: M. Murcek 2023-05-26 11:03 |
#5 Retiring my North Face backpack tonight. Quit buying back when they were like 'F Oil!' even though all of their products are petroleum based. That was a whatever; but I won't be branded. It's too bad. It has been so used, it was made in Indonesia. Sad Clowns. |
Posted by: swksvolFF 2023-05-26 10:56 |
#4 The tax code strongly encourages paying top execs most of their compensation in stock and stock options rather than in cash. So this decline is really hitting the people who made it happen in their personal pocketbooks. Aren't free markets wonderful! |
Posted by: Tom 2023-05-26 10:51 |
#3 /\ Both #1 and #2 bring me joy. |
Posted by: Besoeker 2023-05-26 10:33 |
#2 Watching A/B: Inbrev drink their own piss is satisfying as well. |
Posted by: swksvolFF 2023-05-26 10:06 |
#1 Oh, how I love watching Disney's stock (DIS) drop. On Thursday it closed near $88. Love it, love it, love it. |
Posted by: DooDahMan 2023-05-26 00:10 |