As investors await Disney’s new streaming channel launch (Disney+, November 2019), Netflix and the communications sector braces for volatility as competition in video streaming gains ground.
Netflix’s stock has sunk 14% since it reported on July 17 that it unexpectedly lost U.S. subscribers in the second quarter, rattling investors already worried about the upcoming launch of Disney’s streaming service.
Check out Noel Randewich‘s feature, Disney report to shine spotlight on streaming war
