Walt Disney World Clarifies That They Will Not Submit Opening Proposals Tomorrow

Earlier it was posted that Walt Disney World, Universal Orlando and SeaWorld would be presenting proposals about reopening, including their selected opening dates, tomorrow during the 2PM Orange County Economic Recovery Task Force meeting.

Now Disney is saying that they will not be presenting that information tomorrow. Apparently Universal is to present first.

JUST IN: After earlier local report about theme park reopening proposals that sent Disney, Comcast & SeaWorld shares higher, Disney tells CNBC it is not presenting a re-opening proposal to Florida officials tomorrow. pic.twitter.com/XAbbFW7xLb

— CNBC Now (@CNBCnow) May 20, 2020

UPDATE FROM @OrangeCoFL – The presentations will start with @UniversalORL tomorrow. The other parks will go on following days. We’re not sure which parks on which days yet. @WFTV #WaltDisneyWorld #SeaWorld https://t.co/cKqPk2cfmM

— Lauren Seabrook (@LSeabrookWFTV) May 20, 2020

The news about them reopening was announced around 2PM at that time their shares also jumped, it could be coincidental, but the timing is rather odd. It seems like the stocks went up on the news that Walt Disney World could be moving forward. Then they “clarify” that they aren’t presenting. I’m interested to see where the stocks go as people learn that Disney is not presenting a date after-all.

It is interesting that it was “clarified” around the time trading ended.

But according to WFTV all three were to submit their proposals tomorrow:

Sorry this keeps changing so much – but @OCFLMayor Demings just said the expectation is that ALL THREE parks @WaltDisneyWorld @UniversalORL and @SeaWorld will submit their plans to the county tomorrow. Might just be Universal presenting to TF but all will submit. @WFTV https://t.co/kwO7BSrMJm

— Lauren Seabrook (@LSeabrookWFTV) May 20, 2020

What do you think? Comment and let us know.

Source: CNBC Now on Twitter, WFTV Twitter