Netflix Share Price Got 300 Percent Success In 2013

The year 2013 was very good for most of the tech companies including Netflix. The online streaming company did a great business in 2013. Netflix, which faced a downfall in 2012 where the company’s stocks were down and streaming service was not as popular as now. 2013 seems to be a lucky year for Netflix where the company;s share price almost quadrupled and left Twitter and Yahoo back. Netflix stock price took 287% success last year starting from 2 January 2013 to December 31 where as twitter got 145% success. Netflix’s dominance in the stock market now is due to its brave CEO Reed Hastings who took a great decision in 2011 to separate the streaming service from DVD-rentals. Now the position of Netflix in stock market is appreciated and is still getting higher. It  might rule 2014 as well if the online streaming service offered some new advancements and promotions which might attract new customers. In USA, Netflix is first choice of people for watching online content. Below is the statista chart which shows the stock performance of selected tech companies in 2013.