Walt Disney World to remain closed until mid-April
As the Coronavirus continues to be on the minds of people around the world, a report from the Orlando Sentinel says that the popular theme park Walt Disney World near Orlando, Florida, may remain shuttered until mid April, 2020.
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Analysts are warning Disney World theme parks could close longer than the currently scheduled two weeks with the shutdowns running into mid-April, costing the company $1.4 billion in revenue over the next two quarters, according to a new research note.
Research firm MoffettNathanson published an analyst note Tuesday that gives a grim overview of how the coronavirus pandemic will hurt the Walt Disney Company. Disney did not respond to a request for comment Wednesday.
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