Shares of Netflix hit an all-time high on April 15, boosting the company's value over that of rival Disney, which is deeply struggling amidst the ongoing coronavirus pandemic

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Disney Plus Spotlight: April 2020 13 IMAGES

As reported by Variety , Netflix's stock "closed up 3.2%, to $426.75 per share. That gives Netflix a current market capitalization of $187.3 billion, putting it just over Disney’s $186.6 billion."Netflix will report its first quarter 2020 earnings on April 21.With people worldwide quarantined at home due to COVID-19, streaming viewership is surging. U.S viewership alone is up 109% in March 2020 over the previous year.While both Netflix and Disney+ are the beneficiaries of this increased stay-at-home viewership, Disney, as a company dependent on consumers being out in public, has suffered more revenue loss than Netflix due to the pandemic.With movie theaters , stores, cruise lines , and theme parks indefinitely closed , Disney is reportedly losing upwards of $30 million a day

Disney, meanwhile, aims to rebound once bans on public gatherings are lifted and theme parks and movie theaters can reopen.In the meantime, Disney recently reshuffled their theatrical release slate , pushing several notable 2020 movies to next year.