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
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