Netflix stock price sank, falling as low as $4.85 per share. In less than six months, Netflix had lost over half its market value. Finally, Netflix posted a profit for the first time ever in 2003.
It estimates to have about 6% of its addressable market, which it identifies as ... Let's take a look at valuation. Netflix stock trades at a price-to-earnings (P/E) ratio of 49 and a price ...