If You Invested $1,000 In Disney Stock When DeSantis Became Governor, You'd Have This Much Now
If You Invested $1,000 In Disney Stock When DeSantis Became Governor, You'd Have This Much Now
One of the largest media companies in the world is at odds with a leading political figure.
Here's a look at the stock performance of The Walt Disney Company (NYSE:DIS) during Florida Governor Ron DeSantis's time in office.
What Happened: DeSantis, who won Florida's gubernatorial election in 2018 and 2022, recently announced his official candidacy for the 2024 presidential election.
This could be good news for Disney as it could mean the GOP favorite will spend less time worrying about the entertainment giant's local theme park operations as he campaigns nationally.
DeSantis took offense when Disney spoke out in opposition to the Parental Rights in Education Act, also known as the "Don't Say Gay" bill. Since then, DeSantis stripped Disney of the self-governing powers the conglomerate has enjoyed over its Orlando, Florida territory since 1967.
In February, DeSantis signed a bill to strip Disney of the special powers it had and implement new board members to oversee the Florida territory.
"Today, the corporate kingdom finally comes to an end," DeSantis proclaimed at the bill's signing ceremony.
The Disney controlled Reedy Creek Board passed a clause prior to DeSantis' bill that could see it keep self-governing power until "21 years after the death of the last survivor of the descendants of King Charles II." This intensified the rivalry and resulted in lawsuits.
DeSantis, a Jacksonville, Florida native, has spoken out about the clause and even said he would consider selling off land near Disney or putting a jail near the theme park.
As the drama unfolds, with lawsuits that could potentially reach the Supreme Court, here's a look at Disney's stock performance ever since DeSantis took office.
See Also: Disney Vs. DeSantis Goes Directly To Classroom With Teacher Under Investigation
Investing $1,000 in Disney Stock: DeSantis, who previously served as a U.S. House of Representative for the state, narrowly won the Florida governor election in 2018 with 49.6% of the vote. A close battle that saw DeSantis win by 0.4% triggered an automatic recount.
Shares of Disney traded as high as $112.56 on the day DeSantis took office on Jan. 8, 2019. A $1,000 investment in the media company could have purchased 8.88 shares of DIS.
The $1,000 investment would be worth $777 today, based on a price of $87.50 for Disney shares at the time of writing.
The investment would be down 22.3% in the last four plus years.
For comparison, a $1,000 investment in the SPDR S&P 500 Global ETF Trust (NYSE:SPY) would have returned 62.1% for investors over the same time period.
Shares of Disney have traded between $84.08 and $126.48 over the last 52 weeks.
Benzinga previously shared that DeSantis' re-election win in 2022 coincided with Disney's reporting quarterly financial results that missed expectations.
A battle between Disney and DeSantis is one of several items weighing on the company's stock and a key item for investors to consider.
Read Next: DeSantis Says He's More Likely To Win The Election, Accuses Trump Of 'Moving To The Left'
Image: Pixabay/Shutterstock
世界上最大的媒體公司之一與一位主要政治人物存在分歧。
下面我們來看看華特迪士尼公司(NYSE:DIS)在佛羅里達州長羅恩-德桑蒂斯(Ron DeSantis)執政期間的股票表現。
發生了甚麼: 德桑蒂斯在2018年和2022年贏得佛羅里達州州長選舉,最近宣佈正式競選2024年總統大選。
這對迪士尼來說可能是個好消息,因爲這可能意味着這位共和黨的最愛在全國範圍內競選時將減少花在擔心這家娛樂巨頭當地主題公園運營上的時間。
當迪士尼大聲疾呼反對《父母教育權利法》(也稱爲 “不要說同性戀” 法案)時,德桑蒂斯很生氣。從那時起,德桑蒂斯剝奪了迪士尼集團自1967年以來在佛羅里達州奧蘭多領土上享有的自治權力。
2月,德桑蒂斯簽署了一項法案,剝奪了迪士尼的特殊權力,並任命了新的董事會成員來監督佛羅里達領土。
德桑蒂斯在該法案的簽署儀式上宣稱:“今天,企業王國終於結束了。”
迪士尼控制的Reedy Creek董事會在德桑蒂斯法案之前通過了一項條款,該條款可能將自治權保留到 “查理二世國王后代的最後一位倖存者去世21年後”。這加劇了競爭並導致了訴訟。
來自佛羅里達州傑克遜維爾的德桑蒂斯已經就該條款發表了講話,甚至表示他將考慮出售迪士尼附近的土地或在主題公園附近建監獄。
隨着電視劇的展開,訴訟有可能提交最高法院,以下是迪士尼自德桑蒂斯上任以來的股票表現。
另見:迪士尼大戰DeSantis 直接去教室老師正在接受調查
投資 1,000 美元購買迪士尼股票: 曾擔任該州美國衆議院的德桑蒂斯以49.6%的選票以微弱優勢贏得了2018年的佛羅里達州州長選舉。一場讓德桑蒂斯以 0.4% 的優勢獲勝的近距離戰鬥觸發了自動重新計票。
2019年1月8日德桑蒂斯上任當天,迪士尼的股票交易價格高達112.56美元。對這家媒體公司的1,000美元投資本可以購買8.88股DIS股票。
根據撰寫本文時迪士尼股票的87.50美元,今天的1,000美元投資將價值777美元。
在過去四年多的時間裏,投資將下降22.3%。
相比之下,在... 上投資 1,000 美元 SPDR 標準普爾 500 指數全球 ETF 信託基金 紐約證券交易所代碼:SPY)將在同一時期爲投資者帶來62.1%的回報。
在過去的52週中,迪士尼的股票交易價格在84.08美元至126.48美元之間。
本辛加此前曾分享說,DeSantis 在 2022 年連任的勝利恰逢迪士尼公佈的季度財務業績未達到預期。
迪士尼和德桑蒂斯之間的爭奪是壓制該公司股票的幾個問題之一,也是投資者需要考慮的關鍵問題。
繼續閱讀:德桑蒂斯說他更有可能贏得大選,指責特朗普 “向左移動”
圖片:Pixabay/Shutterstock
譯文內容由第三人軟體翻譯。
風險及免責聲明
- 分享到weixin
- 分享到qq
- 分享到facebook
- 分享到twitter
- 分享到微博
- 粘贴板
使用瀏覽器的分享功能,分享給你的好友吧