Netflix magic market number larger than big cable company’s magic market number

▤ Summary

Netflix’s market cap is now larger than Comcast, which is pretty much just a symbolic thing given that the companies are valued very differently but is like one of those moments where Apple was larger than Exxon and may be some kind of watershed moment for technology.Also, Comcast will start bundling in Netflix into its cable subscriptions.Netflix is valued as a… well, something that is growing that will maybe be a business more massive than Comcast.The stock price doesn’t swing as much as Bitcoin, but things can be pretty random.In the mean time, Riverdale Season 2 is on Netflix, so maybe that’s why it’s more valuable than Comcast .

▦ Linked Companies