Disney's stock (DIS) is plunging further into the abyss...below its former support/resistance level of 100, above which lies tremendous price "froth."
Since 2015, all attempts to hold any longer-term gains have easily been, repeatedly, blown away, as shown on the following monthly chart.
It would seem that there have been fundamental problems with Disney's products that have surfaced been exposed, since then.
The following article privides some insights into such possible issues.
I've written a lengthy post pertaining to ESG here and the problems it's created for a variety of companies and industries. It seems that its been a money-losing venture for all concerned, as customers have rejected their values and what they're peddling.
People simply want products and services, NOT lectures on how or what to think and behave. It's about time that companies finally grew a pair and got back to basics to give the customer what he/she wants! 😏
