Netflix stock opened for trading at a split-adjusted $111.02 on July 16, 2015, after the seven-for-one split. A $1,000 investment at the time could have bought 9.01 Netflix shares. Today, that $1,000 investment would be worth $8,834.49, up 783.4%.
Shares of Netflix soared 13% to an all-time high on Wednesday after the streaming giant's big bet on sports helped add a record 18.9 million subscribers in the holiday quarter, ballooning its already sizeable advantage over other players.
Comcast and Netflix each pledged to donate $10 million to support Los Angeles area wildfire disaster relief and recovery efforts.
On Monday, Netflix and Comcast each announced $10 million donations, split between groups such as the Los Angeles Fire Department Foundation, World Central Kitchen and the American Red Cross. Both companies also said they are assisting employees directly impacted by the fires.
Disney and Warner Bros. Discovery commit $15 million while Amazon, Netflix and Comcast add $10 million, Sony chips in $5 million while Paramount and Fox contribute $1 million. By Erik Hayden ...
Netflix is now worth more than the combined market capitalizations of the owners of the four U.S. broadcast channels.
On Jan. 23, 2024, Netflix announced it signed a $5 billion 10-year deal with WWE to make it the new home of the entertainment franchise. The live events would be included in every Netflix subscription, with viewers only needing to log into their accounts. The episodes are available for streaming immediately after they are completed.
Heger, meanwhile, thinks Netflix can find the right balance. The stock is currently up 10% after the company beat the Street's expectations for the top and bottom lines in Q4, punctuated by Netflix announcing that its total number of subscribers had surged past 300 million.
The streamer hit a 52-week high of $999 per share during Wednesday's trading session after adding a record-breaking 18.9 million subscribers
Streaming service Netflix garnered 16 film nominations (mostly for "Emilia Pérez"), more than any other studio or streamer. But Universal Pictures and its Focus Features sister unit weren't far behind.