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Disney Goes Woke, Then Goes Broke: Stock Lowest in 9 Years

NOT WOKE SHOWS • Aug 28, 2023

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Disney Goes Woke, Then Goes Broke: Stock Lowest in 9 Years

Disney Dining Reports: Numbers do not lie… and in the case of the Walt Disney Company, there is cause for worry. On Wednesday, May 10, the Second Quarter results were revealed to the public after the market closed for the day.


With the numbers came an announcement from Disney’s CEO, Bob Iger, who provided some extra context to the data. The end of the second quarter reports was a massive moment for the company and for Iger. The world was eager to see if Iger could turn around the company’s financial struggles as hoped.


Unfortunately, it seems the public does not feel too confident in Disney after Wednesday’s reports. Disney Stock had a significant decline on Thursday, signifying that many may be losing hope in the Walt Disney Company.


Many fans will be shocked to hear that on Thursday, May 11, Disney’s stock dropped a staggering 9%. At the market’s close, DIS settled at an 8.7% decrease. This drop is huge; the largest Disney has experienced in six months. While Disney’s supporters may be stunned by this news, most people could have seen this coming.

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