Comment on Netflix stock holds steady in wake of Disney+ launch

Netflix stock holds steady in wake of Disney+ launch

Wall Street’s reaction so far to Walt Disney Company’s long-awaited streaming service suggests investors believe the competition may not be as crushing as expected for entertainment rival Netflix. Shares of Disney have surged 8 percent since the launch of Disney+ a week ago, helped along by 10 million sign-ups for the service in its first...

 

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