Netflix tops Disney to become King of Media

Netflix Inc. soared past Walt Disney Co. in market capitalization on an intraday basis Thursday, taking the title of most valuable media company from the film, TV and theme-park giant. The streaming company’s advance underscores the high value investors are placing on the fast-growing company, which went public in 2002 and leads the S&P 500 Index this year with a gain of more than 81 percent.

Source: Bloomberg Pro Terminal

 Trader Aleksandar Kumanov

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