Lucianne.com links to a Breitbart article reporting the following good news story:
Walt Disney Co. is the worst performing stock in the Dow Jones Industrial Average for the past year, plummeting 31 percent in the last 12 months.
Of the 30 companies that comprise the Dow, Disney has seen its stock drop the most on a percentage basis, followed by 3M, which is down 25 percent, and Home Depot, down 23 percent.
Disney’s pro-groomer public stance isn’t the only reason the stock is down. It is certainly is a big part of their problem.
With literally billions invested in specialized, non-portable physical assets in central Florida, Disney elected to get crosswise with that state’s activist Republican governor and legislature. It hasn’t turned out well, and seems on track to get even worse.
Image courtesy of Lucianne.com, April 21, 2022.
