BUZZ-Disney falls as concerns grow over a travel slowdown

Reuters
昨天
BUZZ-Disney falls as concerns grow over a travel slowdown

** 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

(Reporting by Ateev Bhandari in Bengaluru)

((Ateev.Bhandari@thomsonreuters.com;))

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