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Netflix, Inc.

NFLX: Share Price & Live Data

369.03 USD
-2.68 (-0.72%)
Price open 364.21
Previous close 371.71
Market cap 161.93B
Volume 10.06M
Day high 376.77
Day low 356.80
Year high 392.95
Year low 252.28

About Netflix, Inc.

Reed Hastings and Marc Randolph established Netflix Inc. in 1997 as NetFlix.com, a company that rented out movie DVDs. NetFlix.com launched in April 1998 and offered a monthly subscription service for movie rentals. The company pioneered the video-on-demand service that is delivered over the internet. Through live streaming, customers could now access licensed films from various companies.

In 2002, the exponential growth of the business-led NetFlix.com, Inc. to change its name to Netflix, Inc. The company floated its shares on NASDAQ during the same year of rebranding where it’s stock trades under NFLX.

Today, Netflix is a major provider of internet entertainment services where users subscribe to stream the videos they desire. The company has three operational segments, which are Domestic DVD, Domestic Streaming, and International Streaming. Netflix offers streaming content from diverse genres. In addition to licensing content, the company produces its own original content. Netflix operates globally and with a presence in more than 190 countries. The company has its head office in Los Gatos, California. 

 

Latest Netflix, Inc. News

Netflix blames price changes and rival launches for lower than expected growth in the U.S and Canadian memberships

The world-renowned American media services provider, Netflix, released its fourth-quarter earnings report on Tuesday. While the results were better than the analysts’ expectations, the streaming service announced downbeat guidance for fiscal 2020. Nonetheless, share prices were reported celebrating in extended trading on Tuesday. As per T...

Facebook regains 2018’s losses as it prints a record high of $219.88 in the stock market on Friday

Following scandals circling user privacy concerns, Facebook had seen a huge slump in its share prices in 2018 that saw the stock trading as slow as around $120 per share. In the past two years, Facebook has been focused on regaining the 2018’s losses in the stock market. As of Friday, the world-renowned social network has successfully fin...

Disney kicks off 2020 with a green signal from the Wall Street analysts

Disney started off the new year on the right foot as shares gained significantly following a recent forecast by Wall Street analyst that the streaming service, Disney+, is likely to post remarkable growth in the upcoming months. The expert also advised the investors to continue buying Disney’s stock. The on-demand video streaming service...

Netflix stock remains stable following the launch of Disney+

Launched on November 12th, 2019, Disney+ was expected to give a hard time to Netflix and be its staunch competitor. Sources have, however, informed that Netflix hasn’t budged significantly following the release of a new streaming service by Disney. As per the application download data, Netflix has not lost a notable number of subscribers...

Plans underway for Netflix to sell another $2 billion of junk bonds

  Netflix (NFLX) has confirmed that it intends to issue junk-rated debt bonds predominantly in euros and dollars. This is in line with their plan to explore new content ideas in the wake of increased competition in the streaming industry. While the maturities for the bonds remain unspecified, Netflix said it would use the funds for potent...

S&P 500 Index – Highlights Of The Past Week

The S&P 500 index remained undecided for the better part of the past week. The market opened at 2,965.81 level. As per the chart analysis, it managed to keep above the opening level for the rest of the week. Following a weekly high of 3,006.99 on Thursday, October 17th, 2019, the market closed 2,985.98 level by the end of the week. Al...

Overview

Name
Netflix, Inc.
Exchange
NASDAQ Stock Exchange
Sector
Communication Services
Industry
Entertainment
Country
United States
Full time employees
8,600

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