wmccc
08-23

$奈飛(NFLX)$  

Sure, here's a brief introduction to Netflix (NFLX):

Netflix is an American media-services provider and production company. It was founded in 1997 as a DVD-by-mail service, and later expanded to include streaming media, video-on-demand, and mobile apps.

Some key facts about Netflix:

- Headquarters: Los Gatos, California

- CEO: Reed Hastings

- Founded: 1997

- Business model: Subscription-based video on-demand

- Primary services: Streaming video, DVD-by-mail (in the US)

- Content library: Offers a wide variety of movies, TV shows, documentaries, and original programming

- Subscribers: Over 220 million globally as of 2022

- Revenue (2022): Over $31 billion

- Netflix is a public company, trading on the NASDAQ exchange under the ticker symbol NFLX.

Netflix pioneered the subscription-based streaming model and has grown to become one of the largest entertainment companies worldwide. It continues to invest heavily in original content production to attract and retain subscribers globally. The company faces increasing competition from other streaming services, but remains a dominant player in the rapidly evolving digital media landscape.

Can Netflix Continue to Soar After Hitting an All-Time High?
On August 20, streaming giant Netflix's stock price surged to $711.33, reaching a historic high. By the close of the market, Netflix was up 1.45%, closing at $698.54, setting a new record for closing price as well. Since the beginning of the year, Netflix's stock price has risen by 45% cumulatively. Netflix announced that its prepaid advertising commitments for 2024 have increased by more than 150% year-over-year. ------------ Will Netflix hit $750 next?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • dimpy
    08-25
    dimpy

    With $31B revenue, Netflix isn’t slowing down. Originals are the key to keeping those numbers climbing!

  • happygo
    08-25
    happygo

    Netflix set the standard for streaming, but competition's heating up. Still betting on their originals to keep them ahead! 🎥📈

  • bubblyx
    08-25
    bubblyx

    220 million subs and counting! Their global reach is insane—original content is the secret sauce.

Leave a comment
3