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Netflix worth more than Comcast, eyes Disney

Published 05/24/2018, 01:56 AM
© Reuters.  Netflix worth more than Comcast, eyes Disney
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  • Another win for streaming over traditional TV.
  • Netflix (NASDAQ:NFLX) ended Wednesday with a market cap of $152.8B, topping the valuation of Comcast (NASDAQ:CMCSA), which closed the session at $147.2B.
  • It puts the streaming service just under Disney 's (NYSE:DIS) market cap of $153.4B and many expect Netflix to soon surpass the media giant.
  • NFLX shares are already up 70% YTD.
  • Now read: CEO Hastings Sells Netflix, And Shareholders Should Too


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