Netflix (NASDAQ: NFLX) was featured in an analysis report that examined the recent surge in its stock price and tracked consumer purchase intent mentions relating to the company. The report, written by LikeFolio Founder Andy Swan, reads, “Last quarter NFLX reported a company high 15.8 million new subscribers alongside weak Q2 guidance… and the market went for a wild ride. Shares whipsawed before ultimately settling down after a full trading session. Since then, the stock has continued to rise near all-time highs as the market sets expectations for continued growth. What does LikeFolio data show? Netflix Purchase Intent mentions in 20Q2 were the highest we’ve ever recorded, showcasing +38% YoY growth. Purchase Intent has settled in since the observed COVID-surge.”
About Netflix
Netflix is the world’s leading streaming entertainment service with 183 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. For more information, visit www.Netflix.com.
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