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Is Netflix Winning the Streaming Wars?
NetflixNetflix(US:NFLX) Zacks Investment Research·2024-01-25 07:11

After reporting earnings Tuesday, after the market closed Netflix (NFLX)  is up over 10% on the day.After cratering over (-75%) from its all-time high in 2022, the streaming giant has mounted an incredible comeback, demonstrating its leadership in the online content industry. Netflix stock has now nearly tripled from its lows and made two-year highs today.During yesterday's earnings call, Netflix showed continued strength in subscriber and revenue growth, and laid out a long-term plan for adding new content ...