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Netflix's 2017 Data on Most Binged Shows Proves Its Content Strategy Is Working


Netflix's 2017 Data on Most Binged Shows Proves Its Content Strategy Is Working

Netflix's (NASDAQ: NFLX) reign was established back in 2015 when Collins' dictionary named "binge-watch" as its official word of the year. 

And that reign has continued this year, as Netflix members around the globe watched over 140 million hours of content per day on the streaming site, the company reported. That translates to more than a billion hours per week. 

Netflix said the most popular viewing day of 2017 was Jan. 1, which means we're less than a month away from potentially the most popular viewing day of 2018. 

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Source: Fool.com

Netflix Inc. Stock

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The price for the Netflix Inc. stock decreased slightly today. Compared to yesterday there is a change of -€2.600 (-0.440%).
Currently there is a rather positive sentiment for Netflix Inc. with 82 Buy predictions and 9 Sell predictions.
As a result the target price of 608 € shows a slightly positive potential of 4.54% compared to the current price of 581.6 € for Netflix Inc..
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