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What Did Jimmy Kimmel Say to Get Fired? What’s Next For Disney Stock After Charlie Kirk Comments


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What did Jimmy Kimmel say to get fired? Why did he say the killer was a groyper? ABC has suspended Jimmy Kimmel Live! indefinitely after the host made remarks in his monologue about the killing of conservative activist Charlie Kirk that drew sharp backlash.

Nexstar, a large ABC affiliate station group, pulled the show from its 23 stations first. Disney later confirmed the indefinite preemption.

“We hit some new lows over the weekend with the MAGA gang desperately trying to characterize this kid who murdered Charlie Kirk as anything other than one of them and doing everything they can to score political points from it,” – Jimmy Kimmel’s monologue.

 

Before Kimmel was fired, FCC Chair Brendan Carr said, “This is a very, very serious issue right now for Disney. We can do this the easy way or the hard way.”

What Did Jimmy Kimmel Say to Get Fired? Why Disney Acted Quickly

Kimmel has frequently criticized President Donald Trump and rehearsed for Wednesday’s show, planning to address the controversy. But Disney opted for preemptive suspension.

ABC could get massively sued if someone committed a violent act attributed to Kimmel. It doesn’t matter if that is what Kirk would have wanted; Disney doesn’t want the liability and these kinds of comments are under the microscope right now.

When on 99Bitcoins, think of things from the perspective of money, and it’ll all start to make sense. Soon after #BoycottDisney began trending on X

Disney has already shelled out $15 Mn to settle a defamation suit from President Trump, and with new cases aimed at outlets like The New York Times still in motion, the company shows little interest in fresh liability.

Disney Stock Reaction: Is This The Coup De Grâce?

Kimmel’s suspension may dominate the headlines, but investors are watching Disney’s numbers. Walt Disney Co. (NYSE: DIS) opened Thursday at $115.98, up +0.7%, as markets weighed the media fallout alongside steady earnings momentum.

Institutional Ownership by Quarter for Walt Disney (NYSE:DIS)
(Source: MarketBeat)

Analysts remain constructive. Guggenheim raised its target from $120 to $140 with a “buy” call, a level Barclays echoed with an “overweight” rating. Morgan Stanley highlighted upside from ESPN’s fresh NFL and WWE deals.

Disney stock trades at a price-to-earnings ratio of 18.18, with a market cap of $208.5Bn and institutional ownership above 65%. Quarterly revenue rose +2.1% year over year to $23.65Bn, topping expectations.

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Final Thought: Liberals Are Melting Down Over Kimmel

Was the firing justified? Disney is a private company, but it was clearly pressured politically.

In the end Disney doesn’t think Kimmel is worth the drama. With all that said, Disney’s multiple price targets stretch to $140 per share. Wall Street is betting that late-night politics won’t derail stock performance.

EXPLORE: FOMC Meeting: What Does the Federal Reserve’s September Rate Cut Mean for Bitcoin?

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Key Takeaways

  • What did Jimmy Kimmel say to get fired? Why did he say the killer was a groyper?
  • In the end Disney doesn’t think Kimmel is worth the drama.

The post What Did Jimmy Kimmel Say to Get Fired? What’s Next For Disney Stock After Charlie Kirk Comments appeared first on 99Bitcoins.

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