Disney World tanking Big Time

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FAFO principle never fails..

https://www.zerohedge.com/markets/where-everyone-disney-world-just-about-empty

Snip…

“ It’s something that nobody would have predicted—just unfathomable,” said Len Testa, a Touring Plans data analyst.

Disney executives have warned about expected weaker earnings from the US park segment. Days ago, KeyBanc Capital Markets downgraded Disney over fears of stalled growth due to lower attendance at its theme parks and lower streaming viewership.

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Disney’s market capitalization has been halved since peaking at $335 billion in March 2021.

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h/t Fugazi World


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