On January 22nd, Netflix cross $100 Billion market cap at a price of $250.00 also joining the "$100 Billion club" and becoming third largest media and entertainment company after Disney and Comcast who had market caps of $168 Billion and $200 Billion respectively, On March 2nd it finished at $301 even betting it 12 month price target of $300.00 with a market cap of $130 Billion. And if things keep going great even with corrections here and there could now finish the year as a $190-215 Billion market cap company overtaking both Disney and Comcast with market caps of $154 Billion and $169 Billion respectively amid mega merger frenzy and bidding wars going on with both companies. Netflix will become the largest media and entertainment company by end of 2018 and in it 21 year history only done one acquisition buying comic book publisher MillarWorld [worth $50 Million].
Published by Hollywood Universe quickisode
Stock Tickers: NFLX, DIS, CMCSA
Links: https://finance.yahoo.com/quote/CMCSA?p=CMCSA
Submitted March 02, 2018 at 04:47PM by snack-fu-bling http://ift.tt/2t9g0Yp
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