Nolte: Disney Stock Takes a Dive, Billionaire Investor Unloads 26 Million Shares

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Nolte: Disney Stock Takes a Dive, Billionaire Investor Unloads 26 Million Shares
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has watched its already-embattled stock take a serious dive over the last few months. In April the stock rallied to $123 per share, up from $91 per share at the beginning of the year. In Early May, theIke Perlmutter is the former chairman of Marvel Entertainment who tried and failed in last year’s proxy battle to obtain seats on Disney’s board of directors. He was joined by activist Disney shareholder Nelson Peltz. The hope was to wrench some control from Disney’s CEO Bob Iger.

Back in 2021, the bottom began dropping out of Disney stock, which had been worth nearly $200 a share before Disney decided to hyper-politicize its movies and TV shows. Disney specifically targeted little kids for grooming with gay-themed propaganda aimed at sexualizing them and encouraging them to question their gender. This of course can lead to psychological problems and then to medical horrors like sterilization and physical mutilation., etc.

is apolitical—the rare Disney feature not aimed at grooming your children and stealing their innocence.

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