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Economy
Bob Iger Quietly Dumped a Massive Amount of His Disney Stock As Showdown With Nelson Peltz Nears
2024-02-29
[Red State] Disney CEO Bob Iger isn't having the best time being the captain of a sinking ship. It's pretty clear that turning the once shining beacon of American ingenuity and entertainment into a cesspool of radical leftism and uninspired dreck has taken a toll on him.

Moreover, the man is now in a fight against Nelson Peltz and Trian Partners for what would amount to control of the company and it's not looking good. Especially since Peltz has the backing of people like former Marvel CEO Ike Pearlmutter and Elon Musk.

(READ: The Siege on Disney Intensifies As Elon Musk and Nelson Peltz Seem to Be Teaming Up)

Indications that trouble is on the horizon come in many forms but it would appear that Iger's faith in Disney isn't too hot either as he's dumped 80 percent of his stock.

According to Insidethemagic.net, Iger's been shedding Disney stock rapidly over the last year:
Posted by:Besoeker

#4  Hmmmm...probably needs more bearded cross dressers in the Lil' Princess changing rooms.
Posted by: swksvolFF   2024-02-29 11:42  

#3  Best time to sell your stocks is when they are high.
AMZN shares have increased in value recently despite the Bezos sell off.
Bet on gas and oil for the next 6 months.
Posted by: Cleared Cookies Lost Nic   2024-02-29 11:13  

#2  CEOs are dumping shares like f'ing crazy lately. It's not just Iger.
Posted by: DooDahMan   2024-02-29 07:34  

#1  ...Iger may be crazy, but he's not stupid.

Mike
Posted by: MikeKozlowski   2024-02-29 06:04  

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