Netflix Stock: Is NFLX Underperforming the Communication Services Sector?

Valued at a market cap of $321 billion, Netflix, Inc. (NFLX) provides entertainment services. The Los Gatos, California-based company offers television (TV) series, documentaries, feature films, games, and live programming across various genres and languages. Companies valued at $200 billion or more are typically classified as “mega-cap stocks,” and Netflix fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the entertainment indus ...