Stocks Limelight: Netflix Inc.

Welcome to Stocks Limelight! Every day for a week here in Trade 12 Basics  we will feature a particular stock, give you their background and update you with their current news and standing in the market.

Netflix Inc. (NASDAQ:NFLX)

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You might have heard of the name Netflix around. Currently, it is one of the best American multinational entertainment companies around and it has been on a big trend in the technological generation. With over 83 million members in over 190 countries delighting over a number of 125 million hours of TV shows and movies each day, Netflix is the world’s leading subscription service for watching TV network online internationally with programs including original series, documentaries and feature films.

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A unique feature of Netflix is that it enables viewers to pause, play and forward the shows they’re watching and not to mention, it doesn’t have ads or commercial. You can watch a full show and the experience is in your control. How fun is that?

Netflix is founded by Reed Hastings and Marc Randolph in the late 90’s in Scotts Valley, California.

Stock History

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(Chart taken from Yahoo Finance)

Generally, you can see that Netflix has been on a roll since it started in 2002. It gets to show that buying this stock at that time would be a rewarding investment for traders. Before even moving to digital streaming, Stocks are relying on the physical copies of films that are sent to local homes. As we can see, the earlier years have been a good start for the company.

However, the transition to physical to digital media has been a downfall for the company. In late 2011 to early 2012, the company struggled to boost their stocks with the transition that they’re having.

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Another reason why it suffered from a huge loss is the price hike of their DVD’s. The response to this move wasn’t as good as expected. Same backlash resulted when the CEO Reed Hasting, decided to split up the company where one focuses on the DVD’s and one on the online media. As an overall outcome, stocks fell down to their lowest.

What made it pull the losses from the ashes? Netflix decided to expand its market not just in America, but internationally. This made it the company’s stock gain in number as investors reacted positively to the decision.

Present Times

Netflix’s shares rose this week and were reported to be on a bullish trend. Although the company had a hard start this year to keep it on a rise, it’s a good sign that it’s rising as up to date.

On the numbers, shares gave a 2.78% gain in trading and ended at $100.9. The highest point of the company was at $133.27 with %79.95 as its lowest this year.

So here, I present to you: Netflix. Will you consider negotiating with Netflix? If it’s a yes, you’re decision won’t let you down.

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