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Disney shares drop as company delays reopening of California Disneyland | Malay Mail

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FLORIDA, June 26 ― Shares of Walt Disney Co dropped 1.8 per cent yesterday after the media company delayed the reopening of theme parks and resort hotels in California, following a surge in Covid-19 cases in the state. The reopening of Disneyland Park and Disney California Adventure Park that was...

Friday, 26 Jun 2020 07:25 AM MYT

The reopening of Disneyland Park and Disney California Adventure Park that was earlier scheduled for July 17 will be delayed until Disneyland receives an approval from state officials, the company said. Last month, Disney estimated global lockdown measures aimed at fighting the spread of the contagion slashed its profit by US$1.4 billion , mostly from its shuttered theme parks.

 

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