DeSantis moves to have state take over disputed Disney area - distribute debt equitably without burdening local taxpayers.

DeSantis moves to have state take over disputed Disney area - distribute debt equitably without burdening local taxpayers.
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Posted by: LateForLunch ^Ž

05/16/2022, 19:47:20

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Disney Stock Down 33% Amid Florida Ruckus | Newsmax.com

Meanwhile, Disney stock price has declined by $100 per share (from about $220 to $120) in the last twelve months. The decline occurred concurrently with the Disney company's CEO-driven strident opposition to the state's sex edumacation (sic) bill prohibiting teaching of sex topics to students 8 years old or younger.

I don't know how that stock-price drop translates into anything other than a large loss for the company's market-assessed value as a whole.

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Not to pick, but down 100 from 220 = 100/220 = 45.45%, not 33% --- robertb ( 05/16/2022, 22:31:14 ) ( 2 bytes ) +1

Cue: Jimmy Hoffa (Jack Nicholson): (heavy sigh) You're wearing me OUT!! --- LateForLunch ( 05/16/2022, 23:09:02 ) ( 509 bytes ) img