Disney Takes A Nose Dive
Disney decided to go woke now they are broke!
As a result of getting into a massive feud with Florida Governor Ron DeSantis over his decision to pass the parental rights bill, Disney is now on track to becoming one of the worst performing stocks of 2022.
According to Fox, Disney stock was at an all-time high in March 2021 trading at around $200 per share. But due their decision to get involved in politics their shares dived nearly 33% and now sits somewhere around $120 a share.
What’s even worse for Disney is that the Florida House of Representatives just passed new legislation to strip the Florida theme park of special governing powers in the state. This will result in huge tax implications for Disney who happens to employ over 60,000 Floridians.
In today’s episode of “F*** Around And Find Out,” today’s Disney stock price, down 5.56% today pic.twitter.com/DveJBerCMW
— Ben Shapiro (@benshapiro) April 21, 2022