Netflix’s shares in the market rose to $ 127 million on Monday, surpassing $ 295 per share.
Netflix started to collect the fruits of the successes, especially with its quality productions as well as the series and films he published. The video publisher’s stock gained momentum after a strong fourth-quarter earnings report and a $ 300 million deal with Glee, American Horror Story producer Ryan Murphy.
The shares of FAANG (abbreviated as “five well-performing tech stocks”), including Netflix, performed better than most other places on the market when they were generally considered this year. According to the Spanish Investment Group in 2018, Netflix has received very good returns from its investments.
Over the course of 2018, Netflix has taken over FAANG’s most traded shareholder title and increased by 45.45 percent year on year. In addition to this, the only member of the FAA group that provides up to 2 digits up to now is Amazon with 27.96%. Other members’ Alphabet increased by 5.39%, Apple by 3.64% and Facebook by 1.49%. However, it is worth noting that the last few percent of the firms that seemed small when considering the trade amounts corresponded to very large figures.