Skip to main content
WeLoveTrump.com may receive compensation from affiliate partners for some links on the site. Read our full Disclosure here.

Disney Stock Takes Massive Hit


1,833 views

You go woke, you go broke…

For years now—decades by some people’s count, the Disney corporation has peddled sexually explicit material to children. Sometimes this was subliminal material, other times it was overt.

Instead of trying to correct their ways, Disney has decided to double down and get political; they decided to oppose Florida’s Parental Rights in Education bill.

In response to this, Governor DeSantis and Florida officials have decided to move forward with the repeal of the Reedy Creek Improvement Act, which effectively granted Disney the special privilege of self-rule on American soil.

Since the repeal of Reedy Creek, Disney’s stock has taken a tumble, as the company’s stock continues its downward price trend:

Fox Business explains:

The stock reached an all-time high in March 2021, trading at nearly $200 per share.

But it has been in free fall ever since. As the market closed Thursday, the stock was hovering near $120 per share – down roughly 33% from a year ago.

 

Breitbart adds:

Disney CEO Bob Chapek has promised to keep working to repeal the parental rights law and others like it in other states.

The Reedy Creek Improvement District conferred a host of privileges to Disney, including the right to develop the 25,000 acre area without having to seek government approval.



 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!