In its first-quarter 2026 investor letter, Sands Capital Select Growth Strategy highlighted Netflix, Inc. (NASDAQ:NFLX).
Netflix, Inc. (NASDAQ:NFLX) is a leading subscription-based streaming entertainment platform
On June 8, 2026, Netflix, Inc. (NASDAQ:NFLX) closed at $82.64 per share. One-month return of Netflix, Inc. (NASDAQ:NFLX) was -5.73%, and its shares lost 31.34% over the past 52 weeks. Netflix, Inc. (NASDAQ:NFLX) has a market capitalization of $347.98 billion.
Sands Capital Select Growth Strategy stated the following regarding Netflix, Inc. (NASDAQ:NFLX) in its Q1 2026 investor letter: “Netflix, Inc. (NASDAQ:NFLX) shares rose after the company walked away from a proposed acquisition of Warner Bros. Discovery. While we viewed the deal positively, the uncertainty had weighed on sentiment, and Netflix will receive a $2.8 billion break fee.