I actually sat and watched all 25 previous James Bond movies (yes, counting Sean Connery’s Never Say Never Again) during the first month of “lockdown” in April of 2020. So when I give my usual “this list will not be your list” disclaimer, I should also note that this list won’t necessarily be the list I […]
Netflix Beats Disney in Market Comparison as Netflix Stock Rises Amidst the Global Pandemic
Netflix is one of the few companies actually thriving during the coronavirus pandemic, hitting an all-time high in the market Thursday after becoming more valuable than rival entertainment giant Disney. Netflix company stocks are at an all-time high, surpassing its own record and, for the first time in history, Disney’s current stocks.
The company’s market capitalisation of $187.3billion (£163.2billion) leads over Disney’s $186.6billion (£150.1billion) after the media conglomerate’s stock finished down 2.5 per cent on (April 15 2020). It seems investors are expecting Netflix to benefit from the coronavirus crisis with thousands more people staying at home.
Despite Netflix’s new lead over Disney, the latter recently surpassed 50 million paying customers worldwide since its Disney+ streaming platform launched in November. It was buoyed by launches in India and eight Western European countries last month.