Netflix Stock: Bear vs. Bull
Netflix (NASDAQ: NFLX) investors have been on a roller coaster in recent years, with the stock reaching an all-time high price of $691.69 in 2021 and then crashing down 51% throughout 2022 amid increased competition and macroeconomic headwinds.
The streaming company's stock has risen 18% year to date after rallying investors by adding 7.7 million new subscribers in the fourth quarter of 2022. However, Netflix shares remain down roughly 8% year over year, with some investors skeptical about the company's future in an increasingly competitive market.
Understanding the pros and cons of a company's business before adding it to your portfolio is always smart. Here's the bear versus bull breakdown for Netflix's stock.
Source Fool.com
