Netflix shares skyrockets & surpasses Disney's amid coronavirus pandemic

Fresh reports confirm Netflix’s shares hit an all time high amid the coronavirus outbreak

While film industries continue to struggle with the adverse effect of the global coronavirus pandemic, American streamer, Netflix, appears to have hit a goldmine.

According to Variety, Netflix market capitalisation of $187.3 billion is currently leading after it finished down 2.5 percent on April 15, 2020 despite the broader market decline. The latest figure surpasses Disney’$186.6 billion.

The report also confirms that Netflix’s staggering shares is due to the coronavirus pandemic and the increasing need for people to stay indoors.

Source: PULSE NIGERIA

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