As Disney and Fox Merge, Netflix Stock Shoots Up 5%. Don’t Be Surprised—‘Stranger Things’ Has Happened

The merger of Disney and 21st Century Fox represents one of the biggest threats to Netflix in its 21-year history. Yet on the day when the mega-merger closed, Netflix saw it stock rise nearly 5%.

Why the renewed bullishness about Netflix as Disney prepares to launch a rival streaming service later this year? Wall Street believes that any threat from a Disney-Fox combination has long been priced in to the stock. Meanwhile, Netflix has been preparing for years for Disney to pull its content...


What feeling does this article give you?

#hashtags to follow:

Disney [+]    Century Fox [+]    Netflix [+]    Fox [+]   

More #news: