Walt Disney Company

Disney Shares Plummet as Theme Parks Hit Hard by Kamalaflation

The Walt Disney Company has warned that its theme parks are facing trouble as record inflation has made a trip to the Magic Kingdom unaffordable for millions of middle and working class Americans. The news sent Disney shares crashing more than 3 percent during the day on Wednesday.

SHANGHAI, CHINA - DECEMBER 19: Bob Iger, CEO of The Walt Disney Company, speaks during the