Disney shares jump almost 12% as good vaccine news provides hope for parks business

  • 📰 CNBC
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Disney shares jump almost 12% as good vaccine news provides hope for parks business.

across its parks, experiences and consumer products division in late September.that it took a $3.5 billion hit to its operating income from parks being closed during the quarter.

Revenue for the Parks, Experiences and Products segment, which includes cruises, resorts and merchandise, fell 85% to below $1 billion during the quarter. The company's studio entertainment revenues also dropped 55% in the quarter to $1.7 billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

We will overcome this virus. We are humans and stronger than anything. The only enemy humans have is Humans.

I can't wait to go back to Disney!!! Next summer 🤞🤞

Maybe in a year, if it works...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSÄ°NESS

Business Business Latest News, Business Business Headlines