Get WOKE, go broke - Walt Disney edition

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Pure schadenfreude - from The Post Millenial:

Disney LOSES nearly $50 billion in stock value since waging war against Florida's anti-grooming law
The Walt Disney Company has lost nearly $50 billion dollars in stock market value since the start of March, when executives shifted gears and became more actively involved in politically-charged ideological culture warfare against Gov. Ron DeSantis and Florida leadership.

They picked the wrong hill to die on.  It is not good (or legal) to play social games with your shareholders investments.

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This page contains a single entry by DaveH published on April 23, 2022 10:42 AM.

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