The wokeness and performance of Disney has been so bad that there’s now an activist investor Nelson Peltz, who is going to take on the Disney board. His activism has been a winner for shareholders of different companies over the years most recently it was Proctor & Gamble .
Peltz, a billionaire activist who operates via his Trian Partners hedge fund, called for Disney to cut costs and turn a profit at its Disney+ streaming business, which has been losing money despite expanding at a fast clip.
It’s good to see because many people have lost a lot of money in the last 24 months on Disney. Off it’s high of about $200 per share 12 months ago.
It will be interesting to see if you can perform his magic like he did at Proctor & Gamble .
You can read his wiki bio.
https://en.m.wikipedia.org/wiki/Nelson_Peltz
I hope he works is magic to get us back to $200 per share.
