Decades-Long 'Gay Days' Festivities Return To Florida Despite DeSantis Vs. Disney Drama
Portfolio Pulse from Melanie Schaffer
Walt Disney Co's (NYSE:DIS) Gay Days event kicked off PRIDE month, despite Florida governor Ron DeSantis' opposition to the LGBTQ+ movement. The event saw a smaller crowd this year, with some travelers avoiding Florida due to safety concerns and the state's stance on LGBTQ+ issues.
June 05, 2023 | 2:47 pm
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NEUTRAL IMPACT
Disney's Gay Days event took place despite opposition from Florida's governor, attracting a smaller crowd this year. The event may have a minor impact on Disney's image and revenue.
The Gay Days event at Disney is a show of support for the LGBTQ+ community, which may improve the company's image among some customers. However, the smaller crowd this year could lead to slightly lower revenues from the event. Overall, the impact on Disney's stock price is expected to be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 40
RELEVANCE 80