Walt Disney Company Shares Fall On Monday: What You Need To Know
Portfolio Pulse from Vaishali Prayag
Walt Disney Company shares fell on Monday as Florida braces for Hurricane Milton, a Category 5 storm. Disney World in Orlando may face closures, impacting revenue. The storm could lead to significant evacuations and damage, affecting Disney's operations.
October 07, 2024 | 6:53 pm
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Disney shares fell due to the approaching Hurricane Milton, which may cause Disney World closures and impact revenue. The storm's potential damage and evacuations in Florida are key concerns.
The approaching Hurricane Milton, a Category 5 storm, is causing concerns for Disney World in Orlando, leading to potential closures and revenue loss. This has resulted in a 3.39% drop in Disney's stock price, reflecting investor concerns over the storm's impact on operations.
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