Woke Fail: Disney Lost $123 Billion in Market Value in 2022 as Shares Drop 44 Percent — Worst Y...

Woke Fail: Disney Lost $123 Billion in Market Value in 2022 as Shares Drop 44 Percent — Worst Year Since 1974
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The Walt Disney Co. saw $123 billion of its market value evaporate in 2022 as its stock dropped 44 percent amid profitability concerns, 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 as investors brace for what looks to be a  turbulent several months ahead. Disney’s abysmal 2022 represents its worst 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 performing among the 30 companies that comprise the Dow Jones Industrial...
Source: https://www.newswars.com/woke-fail-disney-lost-123-billion-in-market-value-in-2022-as-shares-drop-44-percent-worst-year-since-1974/