Could Netflix Stock Help You Become a Millionaire? [Yahoo! Finance Canada]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
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Source: Yahoo! Finance Canada
Shares of streaming giant Netflix NASDAQ:NFLX ) have been on an absolute tear in the past decade. Valued at a market cap of $250 billion, Netflix stock has returned over 3,000% to shareholders in the past 15 years, outpacing the major indices such as the S&P 500 and Nasdaq Composite by a wide margin. If you zoom out further, you will see that Netflix stock has risen by an astonishing 46,000% since its initial public offering in 2002, turning an investment of $2,500 into more than $1 million today. Generally, if a stock gains over 1,000%, it is considered to be a millionaire-maker. So, let's see if Netflix stock can help you become a millionaire in the upcoming decade. Netflix is an industry leader Netflix entered the online streaming segment back in 2007 and now has a presence in 190 countries. Over the years, the company has experienced strong revenue and subscriber growth, turning it into a media heavyweight you can't ignore. ADVERTISEMENT Netflix ended the first quarter
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NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/6/24 - Form 4
- NFLX's page on the SEC website