Previous close | 17.15 |
Open | 17.45 |
Bid | 0.00 |
Ask | 0.00 |
Strike | 315.00 |
Expiry date | 2023-06-16 |
Day's range | 17.15 - 18.25 |
Contract range | N/A |
Volume | |
Open interest | 676 |
These companies' stocks have experienced double-digit rises in 2023, but they still have a long way to go.
Most readers likely have a strong opinion about the direction Netflix (NASDAQ: NFLX), one of the most well-known consumer-facing internet businesses, is heading. After Netflix shed 1.2 million subscribers in the first six months of 2022, naysayers thought the company's days of rapid expansion were history. Netflix's lower-cost ad-based subscription is showing promise.
Roku (NASDAQ: ROKU) shareholders have had some good reasons to tune out when it comes to the streaming video platform company. Its revenue growth slowed to a crawl through late 2022 even as its operating losses expanded. While Netflix has won praise from Wall Street by moving into the digital advertising business, Roku's recent results show that this is a poor operating model to rely on for most of your growth.