A $123 billion portion of The Walt Disney Companies market value vanished in 2022 as a result of a 44 percent stock decline brought on by worries about profitability, the CEO musical chairs, and a suicidal embrace of woke identity politics.
According to Dow Jones Market Data, Disney’s terrible 2022 will be the corporation’s worst year since 1974, when the stock of the company fell by 54 percent. Disney’s stock had the second-worst year among the 30 businesses that make up the Dow Jones Industrial Average in 2022, trailing only Salesforce.com, whose shares experienced a 48 percent decline.
