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The Walt Disney Co. has lost nearly $63 billion in market capitalization since it went on the attack against Florida’s parents and children in March.

“Shares of Disney have plummeted 23.5 percent since the start of March, falling from $145.70. Market cap is down $62.6 billion, from $265.3 to $202.7 billion,” Breitbart News reported.

Breitbart continued:

For the past 12 months, Disney has seen its stock drop more than 30 percent, making it the worst performing stock on the Dow Jones Industrial Average.

Disney’s free fall comes as the company has embraced woke, far-left politics, specifically the exposure of young children to radical LGBTQ ideology. In so doing, the entertainment giant has alienated millions of customers and picked a fight with Florida GOP leaders.

The trouble began in early March when Disney CEO Bob Chapek caved to a group of LGBTQ employees, abandoning the company’s neutral position on the Florida legislation.

Of course, in March, Disney attacked the state of Florida for passing its Parental Rights in Education law that prevents the state’s school children under ten years of age from being exposed to the radical LGBTQ agenda and inappropriate, left-wing gender politics.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, or Truth Social @WarnerToddHuston

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Warner Todd Huston

Warner Todd Huston has been writing editorials and news since 2001 but started his writing career penning articles about U.S. history back in the early 1990s. Huston has appeared on Fox News, Fox Business Network, CNN, and several local Chicago News programs to discuss the issues of the day. Additionally, he is a regular guest on radio programs from coast to coast. Huston has also been a Breitbart News contributor since 2009. Warner works out of the Chicago area, a place he calls a "target rich environment" for political news.

 

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