Anonymous ID: 6c100c March 12, 2020, 9:49 a.m. No.8390069   🗄️.is 🔗kun   >>0188

>>8390029

Tough to get the market back to where we were six weeks ago though very quickly with this crap going on. Nine percent + on the Dow down today is crazy. Gold at 1,576.80.

Anonymous ID: 6c100c March 12, 2020, 9:57 a.m. No.8390137   🗄️.is 🔗kun

Disney's parks could be hit hard

 

One of Disney's core businesses could take a huge hit as the novel coronavirus spreads across the United States. Even if Disney manages to keep its parks open, a severe drop in airline travel could crush demand. Shares of Disney were down nearly 11% Thursday morning.

 

Analysts at Imperial Capital see the coming disruption in the parks business as reason to slash their price target on Disney stock.

 

Imperial lowered its target from $144 to $118.

 

Imperial analyst David Miller estimates that 85% of visitor volume to Disney's Orlando resort is from out-of-state or out-of-country travelers. Nearly all that visitor volume could vanish for a while as the pandemic runs its course.

 

https://www.fool.com/investing/2020/03/12/dow-jones-news-markets-panic-boeing-disney-tumble.aspx