‘The Ultimate Hold’: Why Disney has investors stuck in place

Walt Disney Co is planning to reopen its Orlando-based Walt Disney World theme park on July 11, ending the longest shutdown of the company’s highly profitable U.S. theme park division in its history. Instead, they point to the company’s already-high valuation as a result of the outsized success of its Disney Plus streaming platform as limiting any benefit from the resumption of its U.S. park operations. Disney did not respond to a request for comment. …read more

Source:: Yahoo Finance

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