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Netflix Stock price is growing more rapidly than ever

by Harikrishna Mekala

The company started streaming, forever transformed the way of entertainment, and its stock ultimately exploded. Like Apple and Microsoft, Netflix’s assets also comes measure with a “what if” question: What if I would have bought at the IPO? Or even a year or two later?

Netflix started streaming in January 2007 when its property was a meager $3.46 per share. Despite critics being down on the organization at the time, Netflix got the last chuckle. The company’s capital value has grown 5,110% over the past decade, achieving at $180.27 this past Friday, August 4.

So, what does that suggest for those who bought when the company began streaming onboard?

If you’d spent just $500, your stock would be worth $26,050. If you had $10,000 in the shares, your stock would be at $521,000.

And if you owned $25,000 invested into Netflix, you’d be having on $1.3 million today.

The stock isn’t decreasing, either. Last month, Netflix surpassed expectations on revenue, subscriber growth, and third-quarter direction, according to U.S. News & World Report. There are presently over 100 million Netflix subscribers worldwide, and the service is still growing rapidly.

K C Ma, a professor of finance at Stetson University, told the paper that its revenue “reflects Netflix’s higher pricing power over tough competition from Amazon, Hulu, YouTube Red and Time Warner’s HBO.”

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