
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.