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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