News is a price booster for sure, but for how long?

Here’s a Thought! 13 July, 2020, by Vladimir Rojankovski, Chief Analyst, Grand Capital
Disney World parks in Orlando, Florida are open again nearly four months after shutting down due to the coronavirus pandemic. Walt Disney World’s Magic Kingdom and Animal Kingdom reopened Saturday, while Epcot and Disney’s Hollywood Studios will reopen on July 15.
Will it help the Disney stock to finally take off? Evidently, this news is a price booster for sure, but for how long?
The Florida state reported almost 11,500 new COVID-19 cases on Friday and 15,000 on Sunday, its biggest daily increase. On Friday Florida's health department reported 435 more hospitalizations — the state's largest single-day increase.

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