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Disney shares pop on promise of California Disneyland reopening

  • Shares of Disney were up on Monday after California provided new guidance allowing amusement parks to reopen in the state on April 1.
  • Disneyland and other parks in California have been closed for about a year due to coronavirus-related restrictions, even as other states like Florida have allowed parks to reopen with limited capacity.
  • In addition to the theme park news, Disney could also stand to gain in its movie business from accelerating box office numbers.

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