Disney falls as concerns grow over a travel slowdown
ReutersMar 11, 2025 4:37 PM
Shares of Walt Disney DIS.N fall 4.1% to $98.84 amid growing concerns about a travel slowdown weighing down on its parks business
Theme parks and resorts and cruise lines are a major source of revenue and profit for Disney
Airline shares fell amid broad market selloff on Monday after tariff jitters and worries of a potential federal government shutdown ignited fears that the U.S. economy could be headed towards a recession.
Disney stock down nearly 11.3% YTD, including session moves; it rose over 23% in 2024
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