Netflix is Almost Worth as Much as Disney
  • 6 years ago
Netflix is Almost Worth as Much as Disney The streaming company ended at a record high after trading on Wednesday with a market cap of $152.8 billion. With a valuation of more than
$150 billion, Netflix surpassed
Comcast ($147.15 billion) and came within $500 million of Disney ($153.36 billion). On the day, Netflix’s stock rose 4 percent, much of which was due to the announcement that the Obamas signed a production deal with them. Overall, ‘Variety’ reports that Netflix’s stock has risen 70 percent in 2018 and has surpassed 125 million subscribers.
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