Reported 10 months ago
Netflix has shown remarkable performance, outperforming nearly all FAANG and Magnificent Seven stocks except Nvidia. After a challenging period marked by a significant drop in stock value, Netflix strategically revamped its approach, including a successful password-sharing crackdown and the introduction of an ad-supported tier. This led to significant revenue growth and an increase in paid subscribers. With Wall Street analysts bullish on Netflix's future potential, it remains a stock to consider for investors.
Source: YAHOO