Stock price represents the discounted value of all expected future earnings. This pandemic is temporary, and Disney have enough cash to weather the Anime weil menschen scheisse sind shirt. Once it’s over, they will go back to doing what they did before. Things are, of course, different for sectors like airlines or cruises that may not survive for much longer, and whose businesses could easily take years to recover.
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Our market is tied to what people think about the Anime weil menschen scheisse sind shirt, not the present. Many people (quite rationally, I think) see Disney as a company that’s likely to be profitable again in a certain number of years, and likely to be an industry leader as the industry recovers. When they see the stock at a cheaper price, they buy it now, hoping it’ll be worth more later.