Pfizer has announced that their vaccine is more than 90 percent effective at preventing infection. As a response Disney stocks surged by more than 10% in pre-market trading to more than $140 per share.

“Today is a great day for science and humanity,” Albert Bourla, Pfizer’s chairman and chief executive, said in a statement. “We are reaching this critical milestone in our vaccine development program at a time when the world needs it most with infection rates setting new records, hospitals nearing over-capacity and economies struggling to reopen.”

The news does not mean that a vaccine will be widely available yet, but Pfizer predicts having 1.3 billion doses in 2021.

Disney Parks have been hit hard by the COVID-19 pandemic, with Disneyland even being prevented from reopening by California Governor Gavin Newsom. In Orlando, Walt Disney World reopened in July, but with capacity restrictions, a greatly reduced entertainment lineup, and social distancing and safety protocols in place such as mandatory mask usage.

As always, keep checking back with us here at BlogMickey.com as we continue to bring you the latest news, photos, and info from around the Disney Parks!