People or states should take Disney’s appeasement to ESG scores, and as a result, their falling stock price, as a warning not to invest, member of the Senate Budget Committee Mike Braun, R-Ind., told Newsmax.
As of Tuesday, since last year, Disney’s stock has fallen by 23.8 points.
When it comes to “woke” investing, Braun tells “Eric Bolling: The Balance,” that’s “called environmental, social and governance.” The senator’s comment refers to ESG scores, which calculate how ethically a company conducts itself arbitrarily.
“You work hard; you want [your money] invested with” the best stock, not with the most progressive company, Braun adds. “That’s amazing the freefall that [stock] has taken. I think other places ought to heed that market warning.”
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Nick Koutsobinas ✉
Nick Koutsobinas, a Newsmax writer, has years of news reporting experience. A graduate from Missouri State University’s philosophy program, he focuses on exposing corruption and censorship.
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