Gina Carano Claims Disney Stock Dropped After Her Firing: “They Know It It’s a Big Deal”
Following a successful stint as Cara Dune in Disney’s The Mandalorian, Gina Carano is now in the news for a different reason. The actress is suing Disney, alleging that her dismissal from the franchise was unjust.
Carano’s exit followed a series of controversial social media posts in which she compared anti-vaxxers to Jews and addressed other sensitive topics, which clashed with modern sensibilities and Disney’s image. While her departure was officially attributed to a contract non-renewal, many interpret it as a termination.
Carano has filed a lawsuit against her former employer, with the case financed by Elon Musk, a prominent advocate for free speech, particularly on his recently acquired social media platform X, where much of the controversy unfolded.
The court has recently denied Disney’s attempt to dismiss the lawsuit, ruling that the company failed to demonstrate that the hiring of actors was based on maintaining a positive public image. The lawsuit is expected to proceed to trial or settlement. Carano is seeking at least $75,000 in damages or reinstatement in the franchise. However, reinstatement is challenging due to the conclusion of her character’s storyline and planned spinoff in the latest season of The Mandalorian.
In a recent interview on the Shawn Ryan show, Carano discussed her dismissal and her overall experiences with Disney.
If I would have been saying and doing the things that I did then now, um, I would be fine. It was because I was so… I was early and I kind of could see where all of this was going. […] What is essential and what is not. Walmart’s more essential than this, you know, Italian restaurant that’s just getting off its feet and has to feed their family, like, what family-owned grocery store or a convenience store?
Nothing was making sense and I could see where this was going it was, the largest, most fraudulent wealth transfer in you know, I think history.
Carano argues that the pandemic triggered one of the largest wealth transfers in history, contributing to the severe financial crisis the world is now facing. She also claims that Disney’s stock dropped significantly following her dismissal, suggesting that her firing may have been a factor.
Their stocks plummeted from the day that they let me go and they know it’s a big deal but they are trying to pretend like it’s not.
Carano is entitled to believe that Disney’s stock drop was related to her departure, but if you’ve been following Disney’s financial reports, it’s clear that their stock struggles are due to broader issues. Investors are increasingly doubtful about Disney’s ability to deliver successful projects and manage its existing properties effectively.
Recently, Disney faced a series of major box office flops before Inside Out 2 and Deadpool & Wolverine broke the billion-dollar mark. Additionally, Disney+ has been a significant financial drain, with the company reporting over $11.4 billion in operating losses from its streaming investments. As a result, Disney had to slash $7.5 billion in costs, including many original streaming projects, as the high spending on streaming became unsustainable.
Even Disney’s flagship MCU is experiencing substantial losses, most notably with The Marvels, which has led to major changes in project planning and releases. Bob Iger has also hinted at a reduction in creative output.
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