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Positive take. Yet, I doubt anyone who bought shares over the last two years shares your enthusiasm.
by detrites 3y ago
Positive take. Yet, I doubt anyone who bought shares over the last two years shares your enthusiasm.
- defrost 3y agoI wrote a good chunk of the back end of what is now a widely referenced Standard & Poor Global Mineral Intelligence GIS database that draws together and cross references all global mineral leases and company data publicly filed in land offices and stock exchanges across the planet (and a few more odds and sods that take a bit more effort to unearth). I don't do "enthusiam" .. just the bald facts. Disney, like many other media and streaming companies in several countries, saw a COVID period boom in stock prices as more people watched media and more investors bet on streaming. That peaked and passed, falling back to pre COVID levels in the majority of cases. I dare say some day trading investors fumed and cursed culture wars attributing some facet of "woke" to what was a wide spread an thoroughly predictable occurrence echoed across multiple countries.
- detrites 3y agoIn the same time period Disney halved, the major indexes have retained value or increased. It's difficult to benchmark as competitors embraced the same ideologies. All we can say for sure is that against the market, they performed badly.