After a steady growth in value, Netflix stocks finally plummeted. Many analysts are wondering whether the bubble has finally burst but even then, there are some genuine explanations to this sudden downward spiral.
Disney has officially raised its offer for 21st Century Fox and all its assets. The company is now offering $38 per share to purchase Fox. This represents a total takeover bid of about $71.3 billion. The figure is a huge increase from the initial $52.4 billion that Disney was offering.