How Coronavirus Impacts Every Part of Disney's Business
Disney's (NYSE: DIS) massive empire has been hit harder than most media companies amid the coronavirus pandemic. With operations beyond producing and distributing film and television, including its theme parks and consumer goods, Disney is seeing a significant disruption as people practice social distancing.
Analysts at Wells Fargo recently published a reevaluation of Disney's stock, giving it a new target enterprise market valuation of $244 billion based on a sum of the parts. That's a 26% decrease from its target before COVID-19 started spreading. Here's how coronavirus will impact each part of Disney's business.
Shanghai Disney Resort. Image source: Disney
Source Fool.com