Previous close | 0.0700 |
Open | 0.0700 |
Bid | 0.0000 |
Ask | 0.0000 |
Strike | 150.00 |
Expiry date | 2024-12-20 |
Day's range | 0.0700 - 0.0700 |
Contract range | N/A |
Volume | |
Open interest | N/A |
Hurricane Milton is expected to make landfall in Florida on Wednesday. The storm's impact could extend beyond immediate safety concerns, potentially affecting Walt Disney's (DIS) financial performance. Goldman Sachs (GS) analysts project that park closures and operational disruptions resulting from the hurricane could cost Disney's parks division up to $200 million. Yahoo Finance Entertainment Reporter Alexandra Canal delves into the details, analyzing how severe weather events have historically impacted Disney's earnings. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith
Florida, a top global tourism destination, is home to major theme parks like Disney World, Universal Orlando Resort, and SeaWorld Entertainment. Hurricane Milton is forecast to make landfall in Florida on Thursday, with catastrophic damage and power outages expected to last for days.
Tourism in Orlando rapidly came to a standstill Wednesday with the main airport and at least three theme parks and other businesses set to shut down, leaving Florida residents and visitors fleeing Hurricane Milton to hunker down in area hotels. Milton, which is expected to come ashore late Wednesday as a major storm, threatened to ruin the vacations of tens of thousands of tourists who came to Orlando to visit the likes of Walt Disney World, Universal Orlando and SeaWorld, or partake in October festivities like Universal's Halloween Horror Nights.