Is Netflix a Trillion-Dollar Company?

Once upon a time, not too long ago, Netflix (NASDAQ: NFLX) was a driving force on the stock market.As a member of the exclusive four-member FANG group, and the FAANG successor, Netflix wrote headlines every time it coughed. It wasn't a huge entertainment empire at the time, but many investors could see that kind of future for Netflix in 2013 or 2017.Things have changed in recent years. Netflix has gone through some hard times, appointed a pair of co-CEOs, changed how it manages and reports the media-streaming business, and more. Around the company, a new industry of streaming platforms with exclusive content has evolved. And after several deep stock dips and recoveries, Netflix now sports a market cap of more than $500 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool