Here's How Much $1000 Invested In Netflix 10 Years Ago Would Be Worth Today
Portfolio Pulse from Benzinga Insights
Netflix (NASDAQ:NFLX) has significantly outperformed the market with an average annual return of 25.08% over the past decade. An investment of $1000 in NFLX stock 10 years ago would now be worth $9,509.08. The company's current market capitalization stands at $208.27 billion.
November 21, 2023 | 4:30 pm
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Netflix's stock has provided strong returns over the past 10 years, with an investment growing over ninefold in value.
The article reflects on the historical performance of Netflix's stock, which does not necessarily predict future performance. However, it highlights the company's strong past growth, which could maintain investor interest and potentially support the stock's stability in the short term.
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