Disney stock falls by 25% amid a massive market selloff
Following the stock market crisis precipitated by the global coronavirus outbreak coupled with the Saudi-Russian oil pricing war, the S&P500 fell by 7.6 percent, with Disney stock far underperforming the others, even though it is traditionally considered a safe and high-performing stock. Disney stocks have fallen by 25 percent since February, spurred by alarm over the sustainability of its studio business and theme parks with the COVID-19 pandemic.
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