When did Netflix go IPO?
What if I invested in Netflix?
If you invested $1,000 in Netflix in 2007, here’s how much you’d have now. A $1,000 investment made on Jan. 15, 2007, would be worth more than $110,000 as of midday April 16, 2019, according to CNBC calculations, for a total return of about 10,000%. Over the same period, the S&P 500 was up just over 100%.
Why did Netflix stock go up today?
Shares of Netflix have significantly underperformed the S&P 500 over the past year, primarily due to growing concerns of “streaming wars” as new streaming services launch. Guggenheim analyst Michael Morris similarly reiterated a buy rating but he also increased his 12-month price target on the stock from $400 to $420.
How much did Netflix sell for?
Those assets persuaded the company to price its IPO at $15 per share back in 2002. Netflix sold roughly 6 million shares at that price and raised about $86 million after expenses.