When Will Disney World, Universal, and SeaWorld Reopen?
This is a big week for Disney (NYSE: DIS), Universal parent Comcast (NASDAQ: CMCSA), and SeaWorld Entertainment (NYSE: SEAS) in Florida. The state began accepting submissions for reopening plans from theme park operators on Monday, and with the Sunshine State gradually advancing through its phased recovery efforts, it's just a matter of time before turnstiles start clicking again.
The groundwork is literally being laid out in preparation for the inevitable restart. Comcast's Universal Orlando is already placing social distancing stickers on the floor of its theme park entrances to keep families apart when it is allowed to reopen. Disney World came to terms with its unions late last week on the conditions for their return to work. SeaWorld Orlando hasn't been tipping its hand as to when it will reopen, but with the stock up 133% since bottoming out two months ago, the expectations are starting to surface.
Image source: Disney.
Source Fool.com