Netflix Stock Has Turned $1,000 Into About $654,000 Since Its IPO. It Has Gone Nowhere Since 2021.
Netflix (NFLX -1.02%) went public in May 2002, with its initial public offering (IPO) priced at $15 a share. It was a DVD-by-mail business back then, and it lost around $22 million that year. An investor who put $1,000 in the stock at the IPO price would …