The stock price of Netflix, Inc. (NFLX) increased about 5% on Tuesday, closing at $634.81. The company is the industry leader in streaming video because of its unique and diversified services. Netflix is well-positioned for future growth, thanks to its growing collection of unique content and its global development strategy. However, owing to increased competition from other companies such as Apple (AAPL), Amazon Prime (AMZN), and others, the firm has been witnessing slowing subscriber growth. Accordingly, the stock has gained only 25% over the past year and 21% on a year-to-date basis.
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Netflix (NASDAQ:NFLX)
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