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Netflix shares surpasses Disney’s amid coronavirus pandemic | Boss Gist
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Netflix shares surpasses Disney’s amid coronavirus pandemic

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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.

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