Netflix Stock in 2022: Bull vs. Bear
It wouldn't be an easy task to find a stock that has performed better than Netflix (NASDAQ: NFLX) has over the past decade. The leading streaming-service business has generated a fabulous return of over 2,500% since January 2012 compared to the S&P 500's return of just 228%. Growing the customer base, which now sits at 221.8 million, has been key to Netflix's booming success.
But when the business reported its fourth-quarter 2021 financial results last week, investors sent the stock tumbling more than 20% the next day. The main culprit was management's disappointing guidance of just 2.3 million subscriber additions in the current quarter, far less than Wall Street's expectation of 6.9 million.
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Source Fool.com
