Learn more

Even though a 75% drop through 2022 may have disqualified Netflix Inc (NASDAQ: NFLX) from the previously untouchable FAANG group of tech stocks, the current rally of nearly 200% has certainly put it back in investors’ good books. It’s been a long road of recovery for a stock that couldn’t do anything wrong for a long time, as the streaming giant has had to adjust to a changing reality of viewing habits and emerging competition. But for all that, Netflix’s revenues are at all-time highs, and its shares are having their best run since 2017. With earnings due out towards the end of the month, it’…

cuu