Monday, 25 April 2022

Disney has lost $50 billion in value since war with Florida began

Disney has lost $50 billion in value since war with Florida began

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: https://www.washingtonexaminer.com/policy/economy/disney-has-lost-50-billion-in-value-since-war-with-florida-began?source=Snapzu

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