Sunday, September 26, 2021

Netflix Stock – Netflix Inc. (NFLX) Rises 2.29% for March 23

Among the biggest risers on the S&P 500 on Tuesday March 23 was Netflix Inc. ($NFLX), popping some 2.29% to a price of $535.09 a share with
some 5.52 million shares trading hands.

Starting the day trading at $529.87, Netflix Inc. reached an intraday high of $543.12 and hit intraday lows of $529.40. Shares gained $11.98 apiece by day’s end. Over the last 90
days, the stock’s average daily volume has been n/a of its 442.9 million share total float. Today’s action puts the stock’s 50-day SMA at $n/a and 200-day
SMA at $n/a with a 52-week range of $339.18 to $593.29.

Netflix‘s primary business is a streaming video on demand service now available in almost every country worldwide except China. Netflix delivers original and third-party digital video content to PCs, Internet-connected TVs, and consumer electronic devices, including tablets, video game consoles, Apple TV, Roku, and Chromecast. In 2011, Netflix introduced DVD-only plans and separated the combined streaming and DVD plans, making it necessary for subscribers who want both to have separate plans.

Netflix Inc. has its corporate headquarters located in Los Gatos, CA and employs 9,400 people. Its market cap has now risen to $236.99 billion after today’s trading, its P/E
ratio is now n/a, its P/S n/a, P/B 21.42, and P/FCF n/a.

You can find a complete fundamental analysis of this stock at our For a complete fundamental analysis analysis of Netflix Inc., check out Stock Valuation Analysis tool for NFLX.

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The Dow Jones Industrial Average (DJIA) is the most visible stock index in the United States, but that doesn’t make it the best. In fact, the industry standard for market watchers and institutional
investors in gauging portfolio performance is the S&P 500.

The DJIA relies on just 30 stocks as a sample of large- and mega-cap firms, dwarfed by the 500 contained in the S&P 500, and it also weights its returns using an outdated and flawed price-weighting
method. The S&P 500’s weighting is based on market cap, making it a much better representation of actual market performance for large- and mega-cap stocks.

To get more information on Netflix Inc. and to follow the company’s latest updates, you can visit the company’s profile page here:
NFLX’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit’s
Newsdesk. Also, don’t forget to sign-up for our daily
email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

The views and opinions expressed in this article are those of the authors, and do not represent the views of Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to:

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Netflix Stock – Netflix Inc. (NFLX) Rises 2.29% for March 23

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