Mind you, there was a financial crisis within this time frame, but iff there’s ever evidence that stocks ‘take the stairs up and the elevator down’, it’s this Netflix 5 year chart. After a slow but steady climb up to a 52 week high of $304 per share, Netflix as since dropped to $115 in a matter of months.
How long can the movie streaming service go? That’s the big question. Does it become a take out target at a certain price?