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re: Disney stock looks like it’s heading back under $100

Posted on 5/15/24 at 10:09 am to
Posted by Auburn1968
NYC
Member since Mar 2019
19744 posts
Posted on 5/15/24 at 10:09 am to
Disney went from being wholesome family fair, to woke groomers over the last few decades.
Posted by VolSquatch
First Coast
Member since Sep 2023
2198 posts
Posted on 5/15/24 at 11:40 am to
The woke stuff definitely is part of it, but there have been a lot of issues on the park side recently.

You had the COVID year with the parks closed or almost empty

2021 you were still seeing masking and inflation started to tick up

2022-present crazy inflation

In other parts of the business...

The Marvel moneypit has dried up since they wrapped up the last big Avengers story and you had Evans and Downey Jr. leave their roles.

They haven't put out a big new animated IP, or even a sequel, in a while

The only good Star Wars content they put out was on Disney+ and they pay a ton for it considering cost of the IP itself and production costs.

They opened Galaxy's Edge right before COVID shut down the world. Would have been a huge money generator. Now inflation is roaring and the shine has worn off because its been almost 5 years since it opened at this point
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