08.04.2020 Netflix Dialy Analysis

08.04.2020 Netflix Dialy Analysis

Netflix closed on Tuesday at 372.28 USD −7.68 (2.02%). So far the stock is still up approximately 17% this year. According to data from S&P Global Market Intelligence, Netflix rose 1.8%. As a veteran in the online streaming game, Tesla is way ahead of its competitors. However, the issue of competitors is a big one. More companies like Amazon and Apple have released their own streaming services. In February, Disney reported 28.6 million subscribers of Disney+ and 30.7 million for Hulu. Apple has not disclosed Apple+ subscriber numbers. so what gives Netflix the edge over its competitors? It's the volume of its catalog and the fact it has completed most of its programming for the year. While others are trying to build a catalog and are coping with production shutdowns.