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Disney Going Woke And Broke

Published 04/19/2022, 12:53 AM
Updated 07/09/2023, 06:31 AM
DIS
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OK, OK, that’s an exaggeration, but hear me out. Walt Disney Company (NYSE:DIS)—one of the bluest of the blue chips, and one of the most reliable gainers of the past, oh, 20 years, has lost nearly 50% of its value.

Disney Chart

I know it’s not the entire reason, but I seriously think the culture at the highest echelons of Disney management (which they inadvertently revealed with that leaked Zoom call a couple of weeks back) is a big part of the degradation of the place, and its popularity.

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Latest comments

Woke is broke. We'll see pushback in November. How far right will it go? We'll see.
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