Blog entry
Disney shares pop on promise of California Disneyland reopening
Posted March 7, 2021
- 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.
