Netflix Surges 113.6% Since Password Crackdown: A Must Watch
NFLXNetflix(NFLX) ZACKS·2024-09-20 21:10

In 2022, it came to the limelight that Netflix, Inc. (NFLX) was losing bucketloads of customers. It was getting seriously affected by competition around the period, and consequent to a crackdown it imposed on consumers who were sharing their passwords with friends and family, its stock price started plummeting.However, despite this initial price correction, the crackdown turned out to be the start of a definitive turnaround. Since its commencement in May 2023, Netflix has added millions of subscribers despi ...