The Lunar New Year has been a wet one so far, and the extended holiday may see more people stay at home to relax and binge-watch their favourite movies and TV series in comfort.
If like me, you enjoy your usual dose of streaming television, you are likely a Netflix (NASDAQ: NFLX) subscriber.
The streaming giant saw its shares lose half their value last year as subscriber numbers contracted over two consecutive quarters.
Investors were worried about the competition and how it would affect subscriber growth for Netflix, sending its shares down to their lowest level in five years.
As 2023 rolled in, Netflix saw its shares stage a strong rebound, and are up 23% this month alone.
Could the worst be over for the streaming behemoth?
Can Netflix post steady and consistent growth once again?
An impressive finale
Netflix recently released its fiscal 2022’s fourth quarter (4Q2022) and full-year (FY2022) earnings....