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How Netflix’s ‘Terrible Week’ Climbed 20,000%

Byadmin

Apr 30, 2022
Как "Ужасная неделя" Netflix поднялась на 20 000% в четырех чатах

The company’s shares have fallen 64% this year.

Last week’s fall of Netflix Inc. sent the stock to the bottom of the S&P 500, prompting investors to consider other large tech and internet businesses.

After stunningly low membership figures led to a 35 percent plunge last week – its largest single-day loss since 2004, the video behemoth is down 64% this year.

Netflix has grown 20,000% since 2002

Netflix has increased by about 20,000 percent since coming public in 2002, outperforming the S&P 500 index, which has increased by fewer than 500 percent in the same period.

However, the corporation has had a series of setbacks over the years, the most recent of which occurred in 2011 when it expedited its shift to streaming.

Following that, Netflix took a risky and expensive move into original content, which paid off in 2013 when it became the first streaming platform to win an Emmy.

Netflix’s growth intensified with the commencement of the coronavirus pandemic in early 2020, when the firm astonished millions of new subscribers with a 70 percent increase in shares throughout the year, and another 11 percent increase in 2021 for the fifth year in a row.

Netflix’s forecast for new subscribers was dismal earlier this year, prompting a 22% drop and casting doubt on the company’s growth prospects.

Netflix’s stock was downgraded by at least 15 organizations, resulting in a roughly 70% loss from its November high and the worst decrease in years.

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