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Stock impact report

Netflix Went Public 15 Years Ago. It’s Been a Better Stock Than Apple or Amazon [Fortune]

Monster Beverage Corporation (MNST) 
Last monster beverage corporation earnings: 2/27 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.monsterbevcorp.com/events.cfm
Company Research Source: Fortune
Once upon a time when the Backstreet Boys were at the top of the Billboard 100s and PalmPilots were at the forefront of consumer technology, the 39-year-old CEO of a fledgling online DVD rental company approached the giant of his industry with a pitch: Will you buy us for $50 million? Reed Hastings, the CEO of Netflix , which went public 15 years ago Tuesday, was reportedly laughed out of the room in 2000 by aides to Blockbuster CEO John Antioco. But Hastings got the last laugh. Ten years later, Blockbuster was filing for bankruptcy, partly due to the rise of streaming services like Netflix, while Netflix was boasting a market capitalization beyond what Blockbuster had ever reached in its lifetime: $7.5 billion. And on the 15th anniversary of Netflix's IPO, shareholders still see much promise in the company. In the past decade-and-a-half, Netflix's stock market returns have even outpaced those of tech giants touted for their industry-changing innovations and broad custo Show less Read more
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