Netflix value 'boosted by coronavirus' as stock price rises amid outbreak fears

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Looks like people are staying in and bingeing their fave shows 🎬

The virus is spreading around the world at an alarming rate, with the disease claiming 2,800 lives so far – andAnd Dan Salmon, an analyst for BMO Capital Market, suggested the streaming service is benefiting enormously from the illness.

According to the Independent, he said: ‘Netflix is an obvious beneficiary if consumers stay home due to coronavirus concerns, and this has been reflected in considerable stock price outperformance this week.’The publication states China’s mobile gaming industry has also recorded ‘record usage levels’ on the most popular games.

The associate Creative Director Dan Whiston said: ‘We’ve got an amazing medical team. We’ve got an amazing production team that are all over this kind of stuff.

 

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