If You Invested $1,000 In Netflix Stock When 'Stranger Things' Debuted, Here's How Much You'd Have Now
Portfolio Pulse from Chris Katje
Netflix Inc (NASDAQ:NFLX) has seen significant growth since the debut of its original series 'Stranger Things' in 2016. A $1,000 investment in Netflix stock at that time would now be worth $4,874.96, a return of 387.5% over seven years. In comparison, the same investment in the SPDR S&P 500 Global ETF (NYSE:SPY) would be worth $2,093.82, a return of 109.4%. Netflix's stock hit an all-time high of $691.69 in November 2021.
July 19, 2023 | 2:52 pm
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Netflix's stock has seen significant growth since the debut of 'Stranger Things', with a $1,000 investment in 2016 now worth $4,874.96. The stock hit an all-time high of $691.69 in November 2021.
The success of Netflix's original content, particularly 'Stranger Things', has significantly contributed to the company's stock performance. The series' popularity has likely driven subscriber growth, positively impacting Netflix's revenues and stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The SPDR S&P 500 Global ETF (NYSE:SPY) has seen a return of 109.4% over the last seven years. A $1,000 investment in 2016 would now be worth $2,093.82.
The SPDR S&P 500 Global ETF (SPY) has seen steady growth over the past seven years, although not as high as Netflix's stock. The ETF's performance is reflective of the broader market trends.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 50