Wildcard: How Coronavirus is Impacting Disney

Industry Focus

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4.6 • 854 Ratings

🗓️ 18 March 2020

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Disney has been buffeted in recent weeks by park closures, sporting event cancellations, movie theater shutdowns, and more, which has sent the stock down nearly 40% in the past month. Motley Fool Contributor and Disney Expert Rick Munarriz joins the show to break down everything that’s going on with the company right now.

Stocks Mentioned: DIS, CMCSA

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0:17.0	Welcome to industry focus.
0:22.0	The podcast that dives into a different sector of the stock market each day.
0:27.0	I'm your host Emily Flippin. I'm Jason Moser. I'm Nick Saipoll. I'm Dylan Lewis.
0:31.0	And today we're talking financials.
0:33.4	Today we're talking consumer goods.
0:36.0	Wednesday and we're talking energy and today we're talking tech.
0:40.0	Let's dive in.
0:41.8	Welcome to focus.
0:45.4	I'm Nick Saiple.
0:46.4	Today we'll be looking at Disney, which has been buffered in recent weeks by Park Closures,
0:49.8	cancellation of sporting events and delays for its films,
0:52.2	joining me today to break it all down as Motley Fool contributor, Rick Minar. of Hopefully Disney will still be so yes. Yeah it's been a wild month so I pulled the numbers right before we sat down
1:05.6	and started recording down 39% in the past month was down 10% today.
1:10.0	Last I checked I know Rick you've been following Disney for a really long time have you seen anything like this in the stock ever before
1:15.2	No, I mean definitely not and I mean I've owned Disney since like basically since 1986 so since I was like in college so basically I've held it through you know the market
1:24.6	crash to do it through the recession in the 90s through 9-11 and that with that
1:29.3	created with the theme parks and just general industry. This is definitely unheard of,
	...

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