17-04-2020 20:35 via feedproxy.google.com

Netflix is now worth more than Exxon as coronavirus lockdowns send shares soaring (NFLX, XOM)

Netflix's market value surpassed the oil giant Exxon Mobil's this week.
At Thursday's close, Netflix's market value was about $183 billion, and Exxon Mobil's was about $175 billion.
Netflix has benefited as the coronavirus pandemic has kept many consumers in their homes. Exxon has been weighed down by the falling price of oil.
Watch Netflix and Exxon Mobil trade live on Markets Insider.
Read more on Business Insider.
The coronavirus pandemic has sent Netflix stock to new highs, and now its marke
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