Comment on Netflix's Market Cap Is Now Greater Than Disney's and Comcast's

Netflix's Market Cap Is Now Greater Than Disney's and Comcast's

It's been quite a month for dominant online video streamer Netflix (NASDAQ: NFLX). The company's market cap overtook telecom/media giant Comcast (NASDAQ: CMCSA) only days ago, and today has just become more valuable than Disney (NYSE: DIS) as shares hit an all-time high. It's a remarkable milestone, symbolizing the ongoing secular shifts in the media and entertainment industry.It also helps that Netflix shares have gained over 80% year to date -- and it's only May.Continue reading

 

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