Netflix is an American media streaming service and production company. Headquartered in Los Gatos, California, the business has three operating segments: domestic streaming, international streaming and domestic DVD. The domestic and international streaming segments include services that stream content to its members in the US and outside the US respectively and derive revenue from monthly subscriptions. The domestic DVD segment includes services such as digital optical disc (DVD)-by-mail in the US.
In 1997, Netflix was founded by Reed Hastings and Marc Randolph in Scotts Valley, California. Its initial business model included DVD sales and rental, though DVD sales were soon abandoned in favour of the rental by mail. With regard to the history of Netflix stock, the company went public at $15 per share on Nasdaq on May 23, 2002, raising more than $82.5m. The company is a constituent of the NASDAQ-100 Index, the S&P 100 Index and the S&P 500 Index.
How can you trade Netflix stock?
You can buy Netflix shares live on NASDAQ where they are listed, or you can trade them through derivatives solutions, such as CFDs. Buying shares on exchanges is a long-term investment since you stand to gain only if prices go up.
At CAPEX.com, you can follow the Netflix chart to trade on the price movements of this popular stock through CFDs. If you think that the stock value will go up, you can open a long position (BUY). If you think prices will decrease, you can open a short position (SELL).
At CAPEX.com you can trade Netflix stock from Monday to Friday between 13:31-19:59. If you cannot trade at those hours, you can always pick another instrument, as we have more than 2000 options available.