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Disney stock down two bucks a share as Shanghai Disneyland closes on busiest day of year.

Posted on 1/24/20 at 10:53 am
Posted by Anaximander
3524 Third St New Orleans, LA
Member since Jun 2018
3412 posts
Posted on 1/24/20 at 10:53 am
I wonder if there is fear that other parks may need to close or screen visitors. Their asian parks are among their most profitable.

https://www.fool.com/investing/general/2020/01/24/disney-closes-park-in-shanghai-to-control-virus.aspx
Posted by teke184
Zachary, LA
Member since Jan 2007
105190 posts
Posted on 1/24/20 at 10:54 am to
What, they didn’t want to do the Escape Room experience for thousands of people?
Posted by stout
Porte du Lafitte
Member since Sep 2006
184600 posts
Posted on 1/24/20 at 10:54 am to
The entire market has been riding the virus outbreak the past few days. The market is down overall right now but not much.
Posted by BayouBengal
Member since Nov 2003
28291 posts
Posted on 1/24/20 at 10:55 am to
The timing with CNY is bad too. Profitable park combined with a huge travel holiday. A co-worker of mine even canceled their trip back to China for CNY a couple of days ago. Not worth the risk.
Posted by TigerFanInSouthland
Louisiana
Member since Aug 2012
28065 posts
Posted on 1/24/20 at 10:57 am to
quote:

Disney stock down two bucks a share


Good, frick Disney.
Posted by Anaximander
3524 Third St New Orleans, LA
Member since Jun 2018
3412 posts
Posted on 1/24/20 at 11:08 am to
Macau Casinos could be next shoe to drop. I would not want to be a small business owner in Hawaii or Cali depending on the next few weeks for the usual Chinese tourist boom.

https://www.thestreet.com/investing/macau-casinos-drop-as-coronavirus-outbreak-could-lead-to-closings
This post was edited on 1/24/20 at 11:10 am
Posted by BigPerm30
Member since Aug 2011
32444 posts
Posted on 1/24/20 at 11:10 am to
fricking Trump. It’s got to be his fault? Right? This is a diversion to the impeachment hearings?
Posted by VolsOut4Harambe
Baw Land
Member since Sep 2017
14923 posts
Posted on 1/24/20 at 11:14 am to
quote:

Disney stock down two bucks a share


Good, Disney can EABOD
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