If you invested $1,000 in Netflix in 2007, here’s how much you’d have now

If you invested $1,000 in Netflix in 2007, here’s how much you’d have now

If you invested $1,000 in Netflix in 2007, here’s how much you’d have now

By / Investing / Monday, 28 May 2018 13:01

Video-streaming service Netflix continues to expand its reach — and its stock is reaping the benefits. The company also briefly passed Disney in market value late this month. Shares rose almost 2 percent, reaching a market value of $152.6 billion.

If you invested in Netflix in 2007, when it began its streaming service, that investment would have really paid off. A $1,000 investment would be worth more than $108,000 as of May 25, according to CNBC calculations, or more than 100 times as much, including price appreciation and dividend gains reinvested.

 

Read more at CNBC.

Author

NexPro Media Staff

NexPro Media Staff

Leave a comment

Please publish modules in offcanvas position.