With a market cap of $485.2 billion, Netflix, Inc. (NFLX) is a provider of entertainment services that acquires, licenses, and produces content, including original programming. It provides paid memberships in over 190 countries and offers television (TV) series, documentaries, feature films, and games across various genres and languages.
Shares of the entertainment services giant have significantly outperformed the broader market over the past 52 weeks. NFLX has soared 86.3% over this period, while the broader S&P 500 Index ($SPX) has gained 8.6%. Moreover, shares of NFLX are up 27.9% on a YTD basis, compared to SPX’s 3.8% dip.
