Disney is now the worst performing Dow stock over the past year — down 31.5%.$DIS pic.twitter.com/nLDcSUJLJP
— Carl Quintanilla (@carlquintanilla) April 20, 2022
Disney has now lost $41 billion in shareholder value since the release of internal videos exposing the company's plan to inject gender ideology into its children's programming. Conservatives are learning how to fight against woke capital—and we will win.
— Christopher F. Rufo ⚔️ (@realchrisrufo) April 23, 2022
Hell yeah: 68 percent of Americans, including nearly half of all Democrats, are "less likely to do business with Disney" following revelations about the company's sexual politics. https://t.co/flC5b2b3TF pic.twitter.com/Sz1DOTc2Cm
— Christopher F. Rufo ⚔️ (@realchrisrufo) April 12, 2022
Handing the keys to the Magic Kingdom to a small fraction of radical Leftist activist employees cost Disney its reputation among its primary customers (parents wanting quality entertainment for their children) and shareholders $41 Billion.
Maybe some of those shareholders should be contacting lawyers who should be asking questions about why Disney thought it was a good idea to put a bunch of queer, child-grooming activists into high ranking positions, give them unchecked ability to fill children’s programing with their politics, have a Zoom meeting celebrating that, then let this group of activist employees steer the company into a head-on collision with a popular governor and parent’s rights bill.
The witness stand in a breach of fiduciary duty suit would be the perfect place to ask those questions.
Is it time to buy stock yet, or do we wait til it drops another 10%?
Disney has a market cap of $220± billion…
Musk was reportedly willing to spend $46± billion to takeover Twitter…
Meaning that he could, in theory, buy 20% of Disney without breaking his “trolling the stock market” budget.
None of this matters to those who wish to groom as many children as possible to be transgender or gay and make it fully legal for them to have sex with your children.
And now they have a Supreme Court justice that that thinks this way now.
I can’t even post what I want to post here because it is so messed up I’m certain the comment would be taken down. And this is coming from me. Almost every comment I post here is pure bat shit insanity. Or would seem like it if it was six years ago.
The largest investors in Disney are likey mutual funds. So if you own shares in a mutual fund (either held directly or in an IRA, 401(k), non-retirement account, etc.) you can also contact that fund and ask them to either sell Disney, or to demand answers from the board etc.
Fiduciary duty is not always about financial matters. Typically, it is, but not always.
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From the Legal Information Institute (Cornell law library)
“When someone has a fiduciary duty to someone else, the person with the duty must act in a way that will benefit someone else, usually financially.”
(Link: https://www.law.cornell.edu/wex/fiduciary_duty)
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Operative words: “…act in a way that will benefit someone else…”
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The wokesters absolutely believe, with 100% of their being, they are acting within the bounds of their fiduciary duty. Money is just another construct to them. Same as gender, carbon emissions, etc… They see no difference between sacrificing a company’s finances to obtain the goal of transgender equality, and a country sacrificing millions to obtain equality.
Just because they believe it, doesn’t make them right and doesn’t mean they’re not accountable.