Netflix takes advantage of the coronary

Netflix takes advantage of the coronary

According to economic market experts “Netflix”, it is one of the companies that has made “benefit” most of the fear of spreading Coronavirus. The virus, whose epicentre is in Wuhan, China, is rapidly spreading to four continents, with thousands infected in many countries and over 28,000 victims. The epidemic presents “risking [...]

According to economic market experts “Netflix”, it is one of the companies that has made “benefit” most of the fear of spreading Coronavirus.

The virus, whose epicentre is in Wuhan, China, is rapidly spreading to four continents, with thousands infected in many countries and over 28,000 victims. The epidemic presents the “huge risk” globally according to the World Health Organization. However, one of the companies that has undergone growth at this time in financial markets is exactly “Netflix”. “Executors BMO Capital Market” said the film and series transmission platform has benefited as many people are housebound for fear of infection, so they have used the service more, which is reflected in increasing the price of its stock in the stock market and increasing value as a company.

It seems that “Netflix” is not the only service that has undergone growth during this difficult period. China's game industry has also benefited, even marked a new record in growing users.

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