Netflix stock prices dropped from its record-high of $691.69 in October 2021 to under $170 in mid-2022, when the stock market had a terrible year amid recession fears and the US Fed's aggressive monetary tightening campaign to curb raging inflation. The Fed's move led to record interest rates that remain elevated.However, the tech-heavy stock has bounced back stronger since then and appears to be on track to reach a new record high. Netflix is trading at $610.52 as of writing this article.The... Read this story
