Netflix's Nordic rival Viaplay logs much slower Q1 growth, shares slide
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Netflix (NFLX) bonds retain Outperform rating at Gimme Credit amid strong content ROI
April 23, 2024 1:27 PM EDTOn Tuesday, corporate bond research firm Gimme Credit maintained its Outperform recommendation on Netflix (NASDAQ: NFLX) bonds, specifically highlighting the 2030 notes, which are currently trading at a spread of +78 to the 5-year Treasury. The firm said the streaming giant's strategic focus on original content, supported by licensed material, is proving to be effective in driving revenue growth and subscriber engagement.
Netflix's investment in content, which amounts to $17 billion... More
