Comments by "Debany Doombringer" (@debanydoombringer1385) on "Victoria's Secret Got Woke & Lost Billions" video.

What does Disney have to do with a video about Victoria Secret? As for your comment, the market isn't down over 20%. Disney is. Perlmutter is buying up shares and demanding a seat. If it was doing well, he wouldn't be doing that. I really don't think you know better than him. Disney WAS rated as a safe company for investments like 401k because their stock value is so stable. They've lost that rating while other companies have maintained theirs. Do you think stocks get downgraded because the entire market takes a dip? That's not how it works. I haven't lost 20% of my portfolio so you trying to convince people it's just normal market fluctuations is you living in denial.
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@newtoncountry5937 Bud light is struggling and the parent company had to liquidate other brands to keep it afloat. It's not rebounding and the beer "bud light" is disappearing from shelves as places refuse to stock it because it's taking up valuable shelf space and not moving. You can destroy a brand without destroying the parent company. It's pretty much impossible to destroy the parent company if it's an international company with tons of other companies under it. If you think Disney is doing fine I've got a bridge I'd love you to buy and take off my hands. Again their entertainment side has been pretty much destroyed and it's doubtful it will ever recover to the levels it was. Their parks, what funds everything else, is quickly sinking too which is why it's stock has tumbled and it's facing a kind of hostile takeover. The only thing currently profitable is the cruise line. If a company gets to the point it can face a hostile takeover, it's broke. Edit: Huge corporations don't go bankrupt. They get taken over. Currently a large investor is buying up Disney shares. He threatened Iger a few months ago and Iger promised to do better. The company has continued to decline and now instead on a single board seat, he's going to take multiple to control it.
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It's technically face financial trouble, go woke to get sweet ESG investors, alienate your core customers, continue to go broke. Every company that's done this was struggling and seeing decline in sales or profits. In the interview the market chick talked about it. So they're already facing becoming insolvent so require outside investment. BlackRock will gladly toss them some cash if they'll just do these things to raise their ESG score. Disney did it for political reasons because Iger wanted to run for President one day, but the others have been due to already having financial difficulties. Victoria Secret is a perfect example of it. I keep up with business stuff. VS had to close stores because they didn't carry plus sizes and women are getting large. They'd lost a lot of sales to newer online retailers that catered to that size. They were hemorrhaging money and needed investment. This marketing was the result of it because ESG investors take advantage to push their ideals. Now it's lost most of what it did have and is having to try to back to the previous marketing just to stay afloat.
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@talananiyiyaya8912 How many gaming companies were doing well only to put out a single game that gamers rejected due to stuff they shoved in it and then got absorbed by a larger company? That's probably pretty close to that number alone. Companies that are traded don't go under. They get bought or taken over.
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