Netflix Stock Rollercoaster: Rallies to Record Highs, Plunges 10% After Earnings Miss
Netflix stock has been volatile but strong this year. In 2025, NFLX climbed to multi‑year highs – mid‑October it traded around $1,210–$1,240, roughly up 30–40% since January and about +70% from a year agots2.tech. The rally was driven by sustained subscriber growth, pricing power and the new ad-supported tier. On Oct 21, NFLX closed at $1,241.35reuters.com. After the earnings miss late Oct 21, shares crashed in after‑hours, falling about 5.6% to ~$1,170ts2.tech. The decline continued on Oct 22: NFLX opened at $1,142.90reuters.com and traded as low as ~$1,110reuters.com. By the Oct 22 close, the stock had given back nearly all of its post-earnings gain.
