As we can see, Netflix stock has increased in value substantially (around 80% in the last year, and 30% in the past few weeks). I think there is a strong correlation between stock buyer investment and Netflix's crackdown on password sharing. Despite what people say, I think most folks are going to bite the bullet and start paying for their own accounts once they get booted off of their cousin's girlfriend's account. Investors saw that and bought in. However, there's always a chance that the memers are right, and that the streaming service is going to lose viewers due to the policy. I don't think they'll initially lose paying customers, but there's always the chance that folks cancel their accounts in solidarity (though I doubt it). For those riding Netflix stock, sell and run with your profit, or hold in hopes that it reaches the value it once had circa 2020?
[link] [comments] https://www.reddit.com/r/stocks/comments/149ehml/your_opinion_and_my_thoughts_netflix_hold_or_sell/
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