Has President Trump Made Disney Stock a Lose-Lose Proposition for Investors After the Jimmy Kimmel Controversy?
Polarization isn't profitable for Disney.Is the controversy over Jimmy Kimmel's comments regarding MAGA and President Donald Trump in the wake of Charlie Kirk's slaying a few weeks ago on his late-night ABC TV show now over? Maybe not.Sure, The Walt Disney Company (DIS 0.30%) -- which owns ABC -- quickly ended its suspension of Jimmy Kimmel Live! And the two ABC affiliates that initially refused to air the show following Disney's reinstatement -- Nexstar Media Group (NXST 1.16%) and Sinclair (SBGI -0.68%) - ...