Shares of the world’s two largest streaming entertainment giants, $Netflix(NFLX.US)$ and Walt Disney Company (NYSE:DIS), appear to be on a divergent path this year.
Pressured by a sharp pullback in growth-oriented stocks in 2022 and a disappointing earnings report, the Los Gatos-based $Netflix(NFLX.US)$ lost more than a third of its value so far this year. It closed on Monday at $378.51.
Both $Disney(DIS.US)$ and $Netflix(NFLX.US)$ belong in...