• Netflix has doubled in value this year

    2 monthes ago - By Business Insider

    Netflix 's value has more than doubled in 2018.
    It's been surging all year, driven by impressive earnings reports.
    Watch Netflix trade in real time here.
    Netflix 's value has double for the year, having appreciated 103.05% between December 29 - the last trading day of 2017 - and Thursday.
    The stock is a beloved by Wall Street, but there is a widespread belief that its fundamentals are starting to round into form. Shares rallied to what was a new all-time high of $383.49 Wednesday with the help of Wednesday's bullish Goldman Sachs note .
    "2018 will be the peak negative free cash flow year...
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  • Millennials are snapping up the 'Netflix of China' - and the stock has doubled in less than 3 months

    Millennials are snapping up the 'Netflix of China' - and the stock has doubled in less than 3 months

    2 monthes ago - By Business Insider

    Chinese Netflix-competitor iQiyi has more than doubled its stock price since going public in the US in March.
    The stock is wildly popular with millennial investors on the stock trading app Robinhood.
    Follow IQ's stock price in real-time here.
    Shares of iQiyi - the Baidu-owned video service widely seen as the Netflix of China - has more than doubled since its US initial public offering less than three months ago.
    As its stock has skyrocketed from $18 at the IPO to $37 on Thursday, the streaming video service has become a darling for millennial investors on the stock trading app Robinhood...
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