History of Netflix, Inc. stock from 2002 to present
Netflix was founded by Reed Hastings and Marc Randolph in 1997 as a DVD rental and sales company by mail. In 2002, the company conducted its initial public offering (IPO) and began trading on the NASDAQ exchange under the ticker symbol “NFLX”. During the IPO, Netflix shares were valued at $15 per share.
In 2003, the company launched its first streaming platform, allowing subscribers to watch movies and TV shows online. This move gave Netflix an advantage over traditional video rental companies and marked the beginning of a new era for the company.
In February 2004, Netflix announced a stock split on a two-for-one basis. This meant that each shareholder received an additional share for each share they owned. The stock split was done to lower the stock price and make it more accessible to investors.
In the following years, Netflix continued to grow and expand its audience. In 2007, the company began offering its services in countries outside of the United States, and in 2010, it introduced streaming on devices such as gaming consoles and televisions.
However, the most significant moment in the history of Netflix stocks was the stock split of “seven to one” in July 2015. This meant that every owner of one stock received an additional six. The stock split was conducted to increase the liquidity of the stocks and enhance their attractiveness to investors.
After the stock split in 2015, Netflix shares continued to rise, and the company became one of the most successful and innovative in the entertainment industry. In 2018, Netflix surpassed Disney in market capitalization and became the most valuable media company in the world.
Netflix, Inc. stock history from 2002 to the present day (over the past 10, 20, 30 years)
| Year | Minimum Price (USD) | Maximum Price (USD) |
|---|---|---|
| 2022 | 166.37 | 597.37 |
| 2021 | 484.98 | 691.69 |
| 2020 | 298.84 | 556.55 |
| 2019 | 254.59 | 385.03 |
| 2018 | 233.88 | 391.43 |
| 2017 | 140.71 | 196.43 |
| 2016 | 90.03 | 124.87 |
| 2015 | 59.53 | 123.33 |
| 2014 | 46.01 | 68.23 |
| 2013 | 23.61 | 52.6 |
| 2012 | 7.78 | 17.17 |
| 2011 | 9.22 | 38.69 |
| 2010 | 8.89 | 29.41 |
| 2009 | 5.16 | 8.38 |
| 2008 | 3.28 | 4.95 |
| 2007 | 2.46 | 3.8 |
| 2006 | 2.86 | 4.23 |
| 2005 | 1.53 | 3.93 |
| 2004 | 1.35 | 5.24 |
| 2003 | 0.94 | 4.09 |
| 2002 | 0.64 | 1.08 |
The main factor behind Netflix’s success is its unique content, including original series and movies that attract millions of subscribers worldwide. The company also actively invests in technology and innovation to provide the best user experience.
The history of Netflix’s stock is an example of the company’s successful development in the entertainment market. Stock splits and rapid stock price growth reflect the company’s achievements and strategy. Netflix continues to attract new subscribers and holds leading positions in the entertainment industry thanks to its innovation and unique content.
