Netflix Stock Outperforms Sector
Key points:
- Netflix stock sees 18.7% gain this year
- Consumer Discretionary sector average return is -2.9%
Netflix Inc (NFLX) is currently experiencing an upward trend in its stock. The future direction of the stock is yet to be determined. This year, NFLX has seen a gain of about 18.7%. In contrast, Consumer Discretionary companies have seen an average return of -2.9%. This indicates that Netflix is outperforming the sector this year.