FILE PHOTO: The logo of the Walt Disney Company is displayed above the floor of the New York Stock Exchange shortly after the closing bell as the market takes a significant dip in New York, U.S., February 25, 2020. REUTERS/Lucas Jackson
(Reuters) – Walt Disney Co (DIS.N) said on Thursday the spread of the coronavirus could lead to changes in consumer behavior, resulting in further disruption to its business.
The company has already closed its theme parks, suspended cruises and theatrical shows, delayed film distribution, and took a hit to its supply chain and ad sales.
Shares of the company were down 3% at $86.30 in early trading.
Reporting by Supantha Mukherjee in Bengaluru, Editing by Sherry Jacob-Phillips