February 4, 2023

Woke Fail: Disney Lost $123 Billion in Market Value within 2022 as Shares Fall 44 Percent — Most severe Year Since 1974

The Walt Disney Co. saw $123 billion of its market value evaporate in 2022 as its stock dropped forty-four percent amid profitability problems, CEO musical chairs, and a suicidal embrace of woke identity politics. Not even  Avatar: The Way of Water  could lift the studio’ s financial outlook because investors brace for what looks to be a   violent several […]#@@#@!!

The Walt Disney Co. saw $123 billion from the market value evaporate in 2022 as its stock dropped 44 percent amid profitability concerns, CEO musical chairs, and also a suicidal embrace of woke identity politics.

Not even  Avatar: The Way of Water   could lift the studio’s financial outlook as investors brace for what looks to be a   turbulent several months ahead.

Disney’s abysmal 2022 represents its worst calendar year since 1974 when the company’s stock dropped 54 percent, according to  Dow Jones Market Data. For 2022, Disney’s stock was the second-worst executing among the 30 companies that will comprise the Dow Jones Industrial Average, after Salesforce. com, whose share fell 48 percent.

Disney has  experienced a non-stop parade associated with bad news in 2022.

The company reported  surprisingly weak success   for its newest quarter, sending its stock in a downward spiral while prompting the abrupt  firing   of CEO Bob Chapek and the come back of former CEO Frank Iger.

Disney also picked   an ill-advised fight   with Florida Gov. Ron DeSantis (R) on the state’s anti-grooming Parental Legal rights in Education Law. Consequently, Walt Disney World lost its lucrative self-governing standing in the Orlando area — a privilege the company offers enjoyed for decades.

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