Todd Spangler NY Digital EditorDisney and Netflix are very different companies, with very different investor bases, but they’re head-to-head competitors in the streaming wars.And on Friday, Netflix’s market valuation climbed above Disney’s for the first time in about a year — ironically, coming on “Disney Plus Day,” the Mouse House’s company-wide marketing event designed to punch up excitement and subscriber signups for the streamer.As of 1 p.m.
ET Friday, Netflix shares were up 2.9% for the day, giving it a market capitalization of right around $300 billion. Year to date, the streamer’s stock price is up more than 29%.
Read more on variety.com