Disney lost 60% of its value from its lifetime high to last autumn. That’s a pretty shocking fall for such a large, well-known company. Since then, it has recovered by going up 50%, but my view is that this recovery is done.
In case you are curious, here is where the oh-so-woke Disney sucks money from its consumers. I don’t want to dig too deeply into what the “Eliminations” line item is about.
It’s a whole new world!
