Shanghai Shuts Disneyland Amid Rise In COVID-19 Cases

Shanghai, China's financial capital, has shut Walt Disney Co DIS Disneyland amusement park due to a surge in COVID-19 cases, Reuters reported.
The resort has been closed until further notice. The city has also closed its shutters on schools and ramped up testing.
"When it comes to the entire situation of epidemic control and prevention that we are facing, it is very complex and serious, and it is also a very big test for us," the report quoted city health official Wu Jinglei.
Thousands of new infections were reported across China on Sunday, forcing the country to impose restrictions and stay-at-home orders.
Price Action: DIS shares are down by 0.08% at $140.20 premarket on the last check Monday.
Photo via Wikimedia Commons

Overview Rating:

Speculative

100

0100