Netflix (NFLX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
(Bloomberg) -- Philippine President Ferdinand Marcos Jr. on Wednesday signed a law imposing a 12% value-added tax on non-resident digital service providers including Netflix, HBO and Disney.Most Read from BloombergThe Corner Store ComebackA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsThe new law, among the first revenue-generating priority measures passed under Marcos,
In the latest trading session, Netflix (NFLX) closed at $709.27, marking a +0.27% move from the previous day.