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Disney Is Mounting a Comeback in July

TheMotleyFool

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Walt Disney (NYSE: DIS) encountered unprecedented setbacks as a result of the COVID-19 pandemic. Many of its most lucrative cash-generating operations were shut down to help slow the spread of the virus. Meanwhile, it suspended its dividend, reduced expenses, and went to the debt markets to borrow billions of dollars.

The precautions it took to make sure it makes it to the other side of the outbreak seem to be working. Let's take a look at why the worst might be behind it and how Disney is mounting a comeback in July.

Disney mounts a comeback in July. Image source: Getty Images.

Source Fool.com

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