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Here’s How Much Investing $1000 In Netflix When Blockbuster Went Bankrupt Would Be Worth Today – Benzinga

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return since Sept. 23, 2010 is 276.8%.

On that day in history, movie rental giant Blockbuster officially declared bankruptcy, officially marking the changing of the guard in video entertainment to Netflix, Inc. (NASDAQ: NFLX)

Netflixs Big Decade: Since Blockbusters demise, Netflix has been one of the top performers in the entire stock market.

Netflix is the most successful streaming video service in the world. As of September 2020, Netflix had 168.9 million over-the-top video service viewers, much more than leading competitors such as Amazon.com, Inc. (NASDAQ: AMZN) Prime Video (130.1 million) and Hulu (94.5 million…

Read the full article at: https://www.benzinga.com/general/education/20/10/17960503/heres-how-much-investing-1-000-in-netflix-when-blockbuster-went-bankrupt-would-be-worth-today?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed: benzinga/best-of-benzinga (The Best of Benzinga)

Category: BankruptcyBy Insolvency GuardianOctober 21, 2020

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Here’s How Much Investing $1,000 In Netflix When Blockbuster Went Bankrupt Would Be Worth Today – Benzinga

Investors who owned stocks in the 2010s generally experienced some big gains. In fact, the SPDR S&P 500 (NYSE: SPY) total return since Sept. 23, 2010 is 276.8%.

On that day in history, movie rental giant Blockbuster officially declared bankruptcy, officially marking the changing of the guard in video entertainment to Netflix, Inc. (NASDAQ: NFLX)

Netflixs Big Decade: Since Blockbusters demise, Netflix has been one of the top performers in the entire stock market.

Netflix is the most successful streaming video service in the world. As of September 2020, Netflix had 168.9 million over-the-top video service viewers, much more than leading competitors such as Amazon.com, Inc. (NASDAQ: AMZN) Prime Video (130.1 million) and Hulu (94.5 million…

Read the full article at: https://www.benzinga.com/general/education/20/10/17960503/heres-how-much-investing-1-000-in-netflix-when-blockbuster-went-bankrupt-would-be-worth-today

Category: BankruptcyBy Insolvency GuardianOctober 20, 2020

Post navigation

PreviousPrevious post:Crystal Peak Minerals Inc. Completes Corporate Restructuring TSX Venture Exchange:CPM – GlobeNewswireNextNext post:Corporate restructuring needs could surpass 2008 levels amid a surge in junk debt, BlackRock says | Markets – Business Insider

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