Submitted by CranberryCurious8262 t3_127fyv9 in wallstreetbets
Once the pride of Social viewing circles, quickly challenged by so many other competition including
Prime, Hulu, Disney+ and the list goes on.
Easy Rise from here to 360 and beyond.
Shares of Netflix Inc. got a boost Thursday, after the streaming video giant’s credit rating was lifted out of “junk” territory at Moody’s Investors Service, matching S&P Global Ratings’s move more than a year ago.
The rule of thumb is, if at least two of the major credit-rating agencies rate a company’s credit as investment grade, then that company’s credit is “officially” considered to be investment grade.
future growth potential is strong, with the company continuing to invest in content production and expanding its offerings in international markets. The company has also been experimenting with new revenue streams, such as merchandising and video games, which could help to diversify its revenue streams in the future. However, as the streaming industry becomes increasingly crowded, Netflix will need to continue to innovate and adapt to changing market dynamics in order to maintain its market position.
Position: Taking soon
VisualMod t1_jedyijn wrote