https://www.zerohedge.com/news/2022-12-28/disneys-midnight-ceo-ouster-tale-corruption-esg-politics-possible-ftx-contagion
Very interesting. While I knew there was a lot more to the Disney story, I did not know much of this. I did think that Apple needs to make an acquisition because their high growth days are over, and when big companies face slowing growth they go on a path of periodic acquisitions because it provides cover for cooking the books for years to come. I believe this is a very likely possibility that will cause AAPL to reach the gap around 95 and will give DIS a pop, but not more than 25-33%, if a deal happens. https://www.zerohedge.com/news/2022-12-28/disneys-midnight-ceo-ouster-tale-corruption-esg-politics-possible-ftx-contagion
Yes, Disney stinks to high heaven… or should say hell.
Great story though…pass the popcorn
Also places the “creator” of Disney’s problems back into the drivers seat. IF Apple doesn’t buy them, this could be the start of a swift(er) decline for them.