Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)

COVID-19 and the Dynamics of Disney’s Stock Price

Authors
Yixin Chenbiyyc18@nottingham.ac.uk
Department of Mathematical Science, University of Nottingham, Nottingham, NG7 2RD, United Kingdom
Corresponding Author
Available Online 29 April 2022.
DOI
10.2991/aebmr.k.220405.237How to use a DOI?
Keywords
Covid-19; Disney’s stock return; short-term and long-term impact; volatility
Abstract

The Covid-19 epidemic has caused severe damage to the global economy, including Disney, one of the giants in the entertainment industry. This paper studies the impact of COVID-19 on Disney’s stock price and stock returns in different periods and concludes that the epidemic has a negative impact on Disney stock in the short term. However, as time goes on, the stock price of Disney still reflects its fundamentals in the long run. At the end of the paper, it is also proposed that based on this research, future research can pay more attention to how Disney should innovate, to reduce the losses caused by public restrictions on going out.

Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

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Volume Title
Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
Series
Advances in Economics, Business and Management Research
Publication Date
29 April 2022
ISBN
978-94-6239-572-5
ISSN
2352-5428
DOI
10.2991/aebmr.k.220405.237How to use a DOI?
Copyright
© 2022 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article distributed under the CC BY-NC 4.0 license.

Cite this article

TY  - CONF
AU  - Yixin Chen
PY  - 2022
DA  - 2022/04/29
TI  - COVID-19 and the Dynamics of Disney’s Stock Price
BT  - Proceedings of the 2022 7th International Conference on Social Sciences and Economic Development (ICSSED 2022)
PB  - Atlantis Press
SP  - 1425
EP  - 1431
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220405.237
DO  - 10.2991/aebmr.k.220405.237
ID  - Chen2022
ER  -