According to Variety, after three days of investors rally, the company’s stock was up over 3% in morning trading, reaching a peak of $430 during the session. At the beginning of this afternoon, with its stock priced at $428.93 (a 15% rise) has a market capitalization of $188.31 billion.
At the same time, Disney’s shares went down 2.5% this Wednesday morning. Now, at $104.20, Disney has a market capitalization of $188.13 billion.
Analysts reading is that Netflix should benefit from the COVID-19 crisis, from millions of people under stay-at-home orders. Disney, on the other hand, suffers with the closure of its physical operations and also the postponement of major cinema productions.