|Day's range||13.10 - 15.40|
Netflix (NASDAQ: NFLX) has become synonymous with subscription video-on-demand -- a notable feat for a company that started its life as a DVD-by-mail rental service. Netflix recently revealed it was building a cloud gaming platform, promising to deliver its titles across an array of connected devices. With Netflix getting into the game streaming market, there is certainly lots for investors to be excited about.
Here is how Crocs (CROX) and Netflix (NFLX) have performed compared to their sector so far this year.
A solid earnings report can affect short-term price movements, or slow sales increases over many quarters can lead to long-term price gains. Simply put: High sales growth is the determining factor for a high-growth stock. If you're a long-term investor, it can be difficult to block out the noise that generates short-term price movements.