Disney announced Monday it’s closing all stores and its Walt Disney World Resort hotels on coronavirus fears. On Thursday, it announced its Anaheim and Orlando and Paris theme parks would sh…
On Thursday, it announced its Anaheim and Orlando and Paris theme parks would shut down. The additional closures followed a weekend of retrenchment and hunkering down with the CDC warning Sunday against gatherings of more than 50 people for the next two months.in North America starting March 17.
According to Disney, individual tenants at Disney Springs will make decisions on whether to continue or adjust their operations. Disney has been being extremely hard hit by the virus, with tremors across theme parks, film and TV production, movie release dates and now retail. In a down market, the shares were trading off 7.6%, off their lows early in the session.
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