Netflix is now worth more than Disney and another 5.2 million unemployed

The current price of Netflix stock is $426.75 per share, giving Netflix a current market capitalization of $187.3 billion, putting it just over Disney’s $186.6 billion. Since the start of the pandemic, Disney has accrued $13 billion in debt and credit agreements in order to mitigate the financial effects of closing down its parks and film studios.

The Black Financial Channel is a news and business channel designed specifically for the African American community. We give daily financial updates on stock markets, investing and other related topics that appear in financial news.

The Black Financial Channel is sponsored by The Black Business School. To join The Black Business School and get started for free, please visit TheBlackBusinessSchool.com. You can also get free financial tips, advice and information from Dr Boyce Watkins by visiting DrBoyceWatkins.net

source