this post was submitted on 01 Mar 2025
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cross-posted from: https://lemmy.ca/post/39925777

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[–] qarbone@lemmy.world 1 points 8 hours ago

Is Disney publicly traded? Because you're not taking into account stock trading in the insane-o market where speculation on possible public opinion can devalue a product by 100% for 2 days. They could be losing possible trade money if that 34% disapproval caused stockholders to short before other people sold and the prices go into freefall.

It all makes sense.