Market Weekly: May 3- May 9 2020

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Disney Reports Today:

Ahead of today’s report Gina Sanchez, CEO of Chantico Global, “Seventy percent of Disney’s revenues come from just parks and media and if you have lower ad spending budgets for the next 18 to 24 months, and you have a very slow reopening of the parks, then that is definitely going to hurt Disney,” Sanchez said during the same segment. “If we see a resurgence or any kind of second wave, then that could hit parks as well. … There is reason for caution.”