If you’ve been watching the news over the last few months, the odds are pretty high that you may have seen Disney’s name in a number of stories.
First, Disney found itself in the news a number of times regarding Florida’s Parental Rights in Education Bill (what critics call the “Don’t Say Gay” bill). Disney ultimately issued a statement indicating that the bill never should have been passed or signed into law and its goal would be for the law to be repealed, a move that the Florida Governor said “crossed a line.” Following that, the repeal of Disney World’s Reedy Creek Improvement District (RCID) (which allows Disney World to essentially function as its own county) was placed on the table, and ultimately a bill was passed and signed to dissolve the RCID. Disney has since been in the news for things related to a repeal of its no-fly zone or copyright protections. Following these actions, we’re seeing some changes when it comes to Disney’s stock value.