On Tuesday, Netflix (NFLX, Financial) stock surged to a new all-time high, reaching $1,006.06. At the time of reporting, the stock was up over 2%, trading at $1,000. The company's global revenue model has helped it remain relatively unaffected by tariffs imposed by the Trump administration, which have impacted other companies in the internet and entertainment industries.
Netflix's growth is primarily driven by markets outside the United States, Mexico, and China. This diversification has allowed it to mitigate the effects of weak consumer demand in the U.S. The company's ability to expand its subscriber base internationally has been a key factor in its continued stock performance.
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