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Benzinga
Benzinga
World
Chris Katje

Shanghai Disneyland Resort Temporarily Closes Due To COVID-19 Surge: Could It Hurt The Mouse's Growth Momentum?

An international theme park is closing temporarily due to a surge in COVID-19 cases. Here’s a look at what the move could mean for The Walt Disney Co (NYSE:DIS).

What Happened: Shanghai Disneyland Resort is temporarily closing due to a surge in COVID-19 cases in China. Shanghai is one of several cities in the country seeing a sharp increase in positive cases. The park had previously operated under reduced capacity earlier in March prior to the complete closure.

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