A stunning loss in company value is being reported by The Washington Examiner for the Disney Corporation. On March 29th, they were valued at over $140.00 per share. By April 22nd they had dropped to $120 per share.
WASHINGTON EXAMINER – “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)
A recent poll by conservative-leaning Trafalgar Group [DATA HERE] might explain why:

68% of the respondents would be less likely to do business with the Disney Corporation as a result of the company position on K-3 students participating in gender/sexuality discussions in Elementary Schools. Considering the primary audience for Disney products would be families with children, it certainly looks like the results of the company politics will be financially painful for the corporation.
Florida Governor Ron DeSantis called for the legislature to consider the removal of Disney World’s special district status in a previously scheduled special session.
