Disney is set to rank among WORST-PERFORMING stocks in 2022 as company prepares to be stripped of it

I'm sure also.

 

There really are just two possibilities here, wokeness did them in or Biden’s economy got them.



Mass Layoffs: Victoria's Secret Is Going Broke After Making the Mistake of Going Woke


Shares of Victoria’s Secret tumbled on Wednesday after the lingerie giant said it’s laying off 160 management-level employees at its Ohio headquarters.

The fired workers in “management roles” represent 5% of Victoria’s Secret home office headcount and will save about $40 million, the company said.

Shares fell 4.3% to $26.80 on Wednesday.

https://redstate.com/brandon_morse/...fter-making-the-mistake-of-going-woke-n594617

 

Disney beats on subscriber #s. Raising the cost and will have an ad supported tier

Stock now up to $120 as it bounces back from being over sold

As I said, in the long term they will be fine. The sharp drop was an excellent buying opportunity

Disney (DIS) fiscal Q3 2022 earnings (cnbc.com)