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.
