Netflix stocks drop after Disney+ is presented

(Image source: pixabay.com)

On Thursday, Walt Disney released a new way of streaming with Disney+ which will include all Marvel, Pixar and Star Wars movies. The streaming will only cost $6.99 a month which is half the price of Netflix and will be released this November. Netflix shares dropped by 2% after the presentation of Disney+, this drop took out about $3.2 billion from Netflix’s market value.

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(story source: comicbook.com)

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