• June 16, 2024

Disney’s Stock Has Taken An Earth Shattering Hit!

As we always said and repeatedly WARNED, whenever you ‘go woke, you’ll immediately go broke.’

No one from the government has ever stood against this woke Disney corporation from its decades of peddling sexually explicit material to children. Sometimes this was subliminal material, other times it was over.

Until now, when DeSantis finally had enough of Disney’s wokeness, this great guy wants to protect our children from Disney’s evil plan.

With this, Florida Governor Ron DeSantis together with Florida officials finally has 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.

And the impact on woke Disney is devastating, Disney’s stock has taken a tumble, as the company 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 noted:

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.

Sources: WLT, Breitbart, Fox Business

The Daily Allegiant