Netflix Stock Too Risky At $840?
Portfolio Pulse from
Netflix stock has risen by 72% year-to-date, recovering from a brief subscriber decline post-Covid-19.
November 15, 2024 | 2:30 pm
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NEUTRAL IMPACT
Netflix stock has increased by 72% year-to-date, indicating strong recovery from a subscriber decline after Covid-19.
The 72% increase in Netflix's stock price year-to-date suggests strong market confidence and recovery from previous subscriber losses. However, the question of risk at the current price of $840 indicates potential volatility or overvaluation concerns.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100