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

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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.

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 /  🏆 12. in MY
 

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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...

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