Posted originally on the conservative tree house on April 23, 2022 | Sundance
A stunning loss in company value is being reported by The Washington Examiner for the Disney Corporation. On March 29th, they were valued at over $140.00 per share. By April 22nd they had dropped to $120 per share.
WASHINGTON EXAMINER – “Disney’s stock has lost nearly $50 billion in value since the start of March, when it took a political gamble to oppose Florida’s controversial new education law. Disney’s stock was down more than 2% on Friday and by more than 8.5% over the past few days as Florida lawmakers work to punish the company for wading into the state’s politics. The stock’s market cap has declined by about $46.6 billion since March 1, just days before the company came out against the legislation.” (read more)
A recent poll by conservative-leaning Trafalgar Group [DATA HERE] might explain why:
68% of the respondents would be less likely to do business with the Disney Corporation as a result of the company position on K-3 students participating in gender/sexuality discussions in Elementary Schools. Considering the primary audience for Disney products would be families with children, it certainly looks like the results of the company politics will be financially painful for the corporation.
Disney has come out of the closet, not only as a corporation intent on the advancement of sexual identity, but also with a corporate mission to influence the sexualization of our children. This March 29, 2022, open expression of their corporate mission is disturbing on many levels.
During a conference call to explain the corporate intents of the company, Disney entertainment president Karey Burke says, “As the mother [of] one transgender child and one pansexual child,” she supports having “many, many, many LGBTQIA characters in our stories” and wants a minimum of 50 percent of characters to be LGBTQIA and racial minorities.