Key takeaways

  • That puts the stock about 53% below its $133.91 closing high from June 30, 2025 (adjusted for the streaming giant's 10-for-1 stock split last November).
  • After crossing the line on Oct. 2, 2002, Netflix stock climbed 406% in the next year.
  • Netflix stock was down 0.3% a year after its July 26, 2004, crossing, down 60% a year after Sept. 19, 2011, and down 9% a year after March 8, 2022.

Netflix shares have now closed at least 50% under a record high six times since 2002. Three years after the five earlier drops, the stock was higher in four cases.

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