As of Thursday, that investment would be worth about $293,000, which is a pretty good return. Since its initial public offering (IPO) in 2002, NFLX’s stock price has skyrocketed. The chart below shows the value of a $1,000 investment in Netflix stock made at the first day's split-adjusted closing price of $1.20 per share over the following 16 years. Today, Netflix has over 247 million paying members in over 190 countries. Fedbank Financial Services IPO price band is set at 133 to 140 per share. The shares got listed on BSE, NSE on November 30, 2023. The allotment for Fedbank Financial Services IPO was finalized on Tuesday, November 28, 2023. According to Wall Street analysts, the average 1-year price target for NFLX is 478.35 USD with a low forecast of 338.35 USD and a high forecast of 630 USD. ET on Thursday, Netflix was trading at an all-time high of $350.41 per share, with a market capitalization surpassing that of the entertainment mega-giant Disney. Fedbank Financial Services IPO bidding started from Novemand ended on November 24, 2023. Wall Street analysts forecast NFLX stock price to drop over the next 12 months. Wednesday was the 16th anniversary of Netflix's initial public offering, and an investor buying in then would have made a very impressive return over the years.Īfter initially offering its stock at $15 per share on May 23, 2002, Netflix closed its first day of trading at $16.75, or $1.20 per present-day share after adjusting for stock splits, according to data from Yahoo Finance.Īs of 12:25 p.m. Earnings were 5.41 billion, an increase of 20.39. Wednesday was the 16th anniversary of Netflix's initial public offering.Ī $1,000 investment made at the stock's first-day closing price would be worth nearly $300,000 today. In 2023, Netflixs revenue was 33.72 billion, an increase of 6.67 compared to the previous years 31.62 billion.
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