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AI predicts Netflix stock price for end of 2024
NetflixNetflix(US:NFLX) Finbold·2024-01-18 00:00

After experiencing a protracted growth period throughout the streaming boom driven by the COVID-19-induced lockdowns, the shares of the American entertainment giant Netflix (NASDAQ: NFLX) faced a quick and sharp decline. Indeed, the entertainment stock rose from approximately 350inearly2020toapeakofjustunder350 in early 2020 to a peak of just under 700 in late 2021, only to crash down to $190 in the first months of 2022. Still, while the downturn spurred on by rising competition and prices and a declining user base presented a significa ...