Netflix's stock has surged 43.4% in 3 months and 99% in 1 year, with a market cap of $552 billion. Analysts project continued strong performance and a $1 trillion valuation by 2030, driven by content strategy and ad-supported tier.
Growth boosts valuation multiples, but it doesn’t always last forever.
Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.
Beginning on May 1 next year, the contracts will guarantee steady income for four power stations situated in Iroquois Falls, Kingston, Kapuskasing, and North Bay.
Netflix is reportedly exploring a partnership with Spotify for music awards shows or a live concert series as part of its push to provide more live streaming.
The third season of "Squid Game" showed strong viewership for Netflix in its first three days, setting one record and falling shy of another potentially due to timing.
