• Auto Loans

    Netflix Stock Surges on Live Sports Success and Growth Potential

    Netflix Today $897.79 +0.31 (+0.03%) (As of 11/22/2024 ET) 52-Week Range $445.73 ▼ $908.00 P/E Ratio 50.81 Price Target $764.82 Netflix NASDAQ: NFLX recently jumped into the ring of live sports broadcasting with the Mike Tyson vs. Jake Paul boxing match. This new offering from Netflix marks a significant shift from its established on-demand content model. While the event drew record-breaking viewership, it also exposed meme-worthy technical vulnerabilities. Undeterred by technical issues, Netflix is doubling down with upcoming live broadcasts of NFL games on Christmas Day (featuring a Beyoncé halftime performance), 52 weeks of live WWE action, and a new John…