Walt Disney shares are trading lower following a report suggesting that Disneyland Teamsters voted to authorize a strike.
Portfolio Pulse from Benzinga Newsdesk
Walt Disney shares are trading lower following a report suggesting that Disneyland Teamsters voted to authorize a strike.
July 22, 2024 | 7:51 pm
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NEGATIVE IMPACT
Walt Disney shares are experiencing a decline due to news that Disneyland Teamsters have voted to authorize a strike.
The authorization of a strike by Disneyland Teamsters could lead to operational disruptions and increased labor costs for Disney, negatively impacting investor sentiment and causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100