“Damn good financial decision” – MMA World Champ celebrates selling Disney stock after parental rights law controversy as company sees huge drop in market
Jake Shields is one of the most active fighters on Twitter (X).
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Jake Shields celebrates selling Disney stocks (Image Courtesy- Pymnts, MMA Fighting)
The Disney corporation has been a huge part of everybody’s childhood with memorable movies and shows. Disney has many assets but its stock has been on a downward trend since the beginning of the year. Even former MMA world champion Jake Shields sold his shares in the company in 2022. He recently tweeted celebrating his decision of selling the stocks.
Shields took to Twitter where he spoke on the downfall trend of the multi-million corporation. He tweeted, “I sold all my Disney stock over principle but turns out it was a damn good financial decision as well”. Shields is a believer in conservative ideology but considers himself a moderate. He sold his Disney shares due to the company’s opposition to the “Parental Rights Law”.
Shields sold 100% of his Disney stock in March 2022. He sold it in protest of the company’s opposition to Florida’s Parental Rights in Education law, also known as the “Don’t Say Gay” bill. Shields believes that Disney’s support of the law is “disgusting” and does not support it at all. The former champion is known to be vocal and outspoken about his political opinions.
He is also known for his friendship with Nick Diaz and Nate Diaz and has trained with them for the majority of his career. Shields is a highly respected figure in the MMA world. He is a former champion and one of the most accomplished grapplers in the history of the sport. He is also a successful coach and promoter. It is imminent that Shields will be a popular figure for his political views.
Jake Shields slams Disney for opposition to Parental Rights Law
Shields’s political views have always been controversial and he has always been vocal about them. He sold his share in the Disney company in March 2022 due to their opposition to the Parental Rights Law. The bill, which was signed into law by Florida Governor Ron DeSantis, prohibits classroom instruction on sexual orientation or gender identity in kindergarten through third grade.
Shield’s expressed his disappointment on his Twitter handle. He said, “Read about Disney and immediately sold 100% of my Disney stock and will try not to support them in any way in the future.” Shields’ decision to sell his Disney stock is just one example of the backlash that the company has faced over its opposition to the “Don’t Say Gay” bill.
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Gerard Crispin
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