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Communications Services Rise - Communications Services Roundup

12/01/2020 | 05:09pm EST

Communications services companies rose as traders rotated into economically cyclical sectors.

Shares of Netflix rebounded above the psychologically significant $500 level. Shares of Walt Disney rose.

Both companies are expected to see high demand for their streaming services as the holiday season coincides with the peak of case counts in much of the U.S.

Write to Rob Curran at rob.curran@dowjones.com

(END) Dow Jones Newswires

12-01-20 1708ET

Stocks mentioned in the article
ChangeLast1st jan.
NETFLIX, INC. -0.58% 497.98 Delayed Quote.-7.91%
THE WALT DISNEY COMPANY -1.15% 171.44 Delayed Quote.-5.38%
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