NFLX 720 PUTS STOCK RAN TOO FAR TOO FAST

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1. All-Time High: Netflix’s stock hit an all-time high of $711.33 on August 20, 20241. This surge was driven by strong advertising demand, with upfront ad sales jumping more than 150% from the previous year1.
2. Year-to-Date Performance: In the first half of 2024, Netflix’s stock rose by 38.6%2. This growth was anchored by robust earnings reports and strategic deals with popular sports leagues2.
3. Advertising Business: Netflix’s new advertising tier has been a significant growth driver. The company has seen strong commitments from various sectors, including auto, retail, and tech1.
4. Subscriber Growth: Netflix added nearly 40 million subscribers over the last year, bringing its total to nearly 300 million households1.
5. Competitive Edge: While rivals like Warner Bros. Discovery and Disney have faced challenges, Netflix has capitalized on these opportunities to strengthen its market position1.
These trends indicate that Netflix is not only maintaining its leadership in the streaming industry but also expanding its revenue streams through advertising.
Are you considering investing in Netflix, or are you analyzing its performance for other reasons?

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