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The best way to show how the streaming wars have worked out is via this chart: It shows you that Netflix stock is soaring. After falling below $180 a share in summer 2022, it hit an all-time high ...
Investors reacted enthusiastically to the results, sending Netflix's stock surging about 13% in extended trade, lifting its stock market value by almost $50 billion.
Netflix announces a 7:1 stock split in form of a dividend of six additional shares for each outstanding share, payable on July 14 to stock owners of record at the July 2 close. Trading at the post-split price will start July 15.
The company also announced a $15 billion stock buyback and boosted its full-year revenue outlook in its after-hours report on Tuesday. Netflix now projects 2025 revenue between $43.5 billion and ...
The $1 trillion club is exclusive. Does Netflix have what it takes to make the cut?
The company, widely seen as the winner of Hollywood's streaming wars, saw its stock rise nearly 10% and was set to add more than $28 billion to its market value of about $295 billion, if gains hold.
After harvesting most of the low-hanging fruit, Netflix may struggle from 2025 onward to show further gains unless it starts investing heavily in live sports—but that could come at the cost of ...
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