** 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;))
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.