Go Woke, Go Broke - Walt Disney Company stock down 36%, Woke Executives Fired, Employee Morale Low

Here's some new information that gives hope to the sane.


- Geoff Morrell, the chief corporate affairs officer for Disney, resigned in April after three months on the job. Morrell helped craft the Disney’s response to Florida’s Parental Rights in Education law.

- The Walt Disney Co. has seen its stock take yet another beating, dropping nearly 6 percent since Thursday’s surprising executive shake up that saw CEO Bob Chapek fire his presumed successor, Peter Rice, who served as Disney’s chairman of entertainment and programming.

- It remains unclear if the fallout from Disney’s fight with Florida was the cause of Rice’s firing. After Disney declared war on Florida by vowing to fight the law, the state revoked Walt Disney World’s self-governing status in Orlando, potentially exposing the company to onerous new taxes and regulations.

- Shares of Disney had already taken a major beating after the company committed itself to radical LGBTQ activism and declared war on Florida Gov. Ron DeSantis (R) over the state’s Parental Rights in Education law, which bans the teaching of sexuality and gender ideology to children in kindergarten through third grade.

- For the year, Disney shares are down a whopping 36 percent. The stock is the worst performer on the Dow Jones Industrial Average for the past 12 months.

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