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0.000242161792567161 -0.00105411603823309 -0.000657717126536664 -0.00180196863292544 -0.00384609905841787 -0.000669506132391153 0.00215082406233532 0.00194441674620021
Stock impact report

Netflix Surges 113.6% Since Password Crackdown: A Must Watch [Yahoo! Finance]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: Yahoo! Finance
It was getting seriously affected by competition around the period, and consequent to a crackdown it imposed on consumers who were sharing their passwords with friends and family, its stock price started plummeting. However, despite this initial price correction, the crackdown turned out to be the start of a definitive turnaround. Since its commencement in May 2023, Netflix has added millions of subscribers despite the intense streaming wars. In 2024, the entertainment major has flown past its peer groups, and its share price has grown in leaps and bounds. In fact, year to date, Netflix has rallied 44.7% compared with 20.2% growth of the S&P 500. Netflix, Inc. Price and Consensus Netflix, Inc. price-consensus-chart | Netflix, Inc. Quote Share price of this Zacks Rank #3 (Hold) company, which is part of the Zacks Broadcast Radio and Television industry, has grown a whopping 113.6%, since the beginning of the password crackdown. In this period, the PeerGroups have declined 4.7%. Show less Read more
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