Disney Targeted by QAnon Believers Using Meme-Stock Tactics
- Group promotes lies about company financials, CEO arrest
- Some try to influence the stock price in online forums
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For weeks now, followers of the fringe conspiracy group QAnon have been spinning theories and falsehoods about Walt Disney Co. online, whipping up a frenzy of negative sentiment against one of America’s best-known corporations.
Posts on Facebook, Twitter and several other platforms have falsely claimed the company has lost $636 million in theme-park reservations and that 350,000 people have canceled their subscriptions to the company’s Disney+ streaming service. Some have even linked to a fake article stating that Disney Chief Executive Officer Bob Chapek was arrested for human trafficking and child pornography.