Go woke…
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According to a report from Just The News, The Walt Disney Company continues to struggle on Wall Street. Mickey’s stock fell 3.9% on Thursday, closing at its lowest price in nearly 9 years.
From Just The News:
Some investors predict a further price drop in the next few months, according to Reuters.
New Disney leader Bob Iger has promised a turnaround plan that includes a mix of price hikes across its streaming properties, more ads and cost cuts to lift the business.
Critics of the iconic American entertainment company pin Disney’s slide on what they consider its adopting and supporting an ultra-liberal, so-called “woke” agenda.
Disney’s stock closed at $82.47, its lowest since October 16, 2014.
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