Netflix was the best-performing stock in the S&P 500 in 2013, gaining more than 312% for the year. The good times continued into this year, with NFLX up 25% year-to-date as of March 6. But since then the stock has plunged nearly 20%.
comcast stock price
- Why Netflix (Nasdaq: NFLX) Stock Is Down 20% This Month
- Don't Fear the Comcast (Nasdaq: CMCSA)-Time Warner Cable Deal
The proposed $45.2 billion Comcast-Time Warner Cable deal will create a colossus within the cable industry bound to fill both consumer groups and regulators with dread, but it's not quite as scary as it looks. And the fact is, it just makes sense.