In theory, stock holders could raise objection to the current direction of the company, and hold its current leadership liable for their loss in stock price.
I have to agree with you here. I looked at Microsoft and their decline vs Disney and they look similar for the past 3 month. Disney is somewhat worse but is hard to say it is do to woke stuff.
There is a case to be made that Disney made serious efforts in pushing Disney+ in European markets as well as new movie releases and this should be driving the price higher or at least reduce the stock drop rate but it has not.
So I do think it affected the stock price but not anywhere to the degree that the article suggests.
To quote Kylo Ren in the worst star wars film
"MORE!!"
I don't know about all that, but didn't Amazon split their stock during the coofdom?
Yes, they did.
How much would this affect Disney? I assume some shareholders may be panicking but would this have any impact on the company?
In theory, stock holders could raise objection to the current direction of the company, and hold its current leadership liable for their loss in stock price.
In practice, nothing at all.
I have to agree with you here. I looked at Microsoft and their decline vs Disney and they look similar for the past 3 month. Disney is somewhat worse but is hard to say it is do to woke stuff.
There is a case to be made that Disney made serious efforts in pushing Disney+ in European markets as well as new movie releases and this should be driving the price higher or at least reduce the stock drop rate but it has not.
So I do think it affected the stock price but not anywhere to the degree that the article suggests.
What I see is opportunity. Good time to invest in some undervalued companies.
Yes, let's support the bankers.
Over the last year
sp500 is -9%
disney is -45%
Star Wars: bitter women in space, was the start of normies being hit with the influence.