Netflix (NFLX) Stock Loses $5 In One Day: Volatility Patch Continues To This Day?

Netflix accomplished a slight loss of 0.87%, accounting decrease of $5.51 compared to yesterday. Overall, during the last month, Netflix enhanced its stock market by $52.86 (+9.19%). The majority of investors are focusing on NFLX stock thanks to good dynamics in the market. The recently released Korean series called “Squid Game” is bouncing the highest charts on Netflix.

The market capitalization of the company gained $17 billion after the release of the series. Not only Netflix benefited from the TV series, but also local Korean companies increased the value of the stock. Another TV series that boosted the market was “Kingdom”, which helped Netflix to add +4%. After the breakout of “Squad Game”, a subsidiary company named Father Christmas gets the attention of investors.