Published: Dec. 13, 2024
By JJ. Lee
Netflix has reached a major milestone, with its stock surging by 100% over the course of the year, hitting an all-time high of $936 per share. This remarkable rise in stock value is fuelled by growing anticipation for the global streaming giant’s upcoming releases, notably the second season of Squid Game. As the countdown to the premiere on December 26, 2024, continues, overseas critics are amplifying their excitement, further driving the hype surrounding the series.
The success of Squid Game’s first season, which remains Netflix's most-watched series with over 330 million views, laid the foundation for this unprecedented growth. With the second season set to dive even deeper into societal issues, its relevance is resonating with a global audience, enhancing Netflix’s already booming subscriber base. The upcoming season promises new characters, thrilling developments, and a continuation of its sharp critique of inequality and societal divisions.
The excitement surrounding Squid Game 2 has not only impacted Netflix’s viewership but also played a crucial role in the stock surge. As overseas critics preview the new season, they’ve lauded its ambitious storytelling and its ability to address pressing cultural topics. This anticipation, coupled with Netflix's ongoing investment in original content, has contributed to a spike in investor confidence.
With the premiere just days away, the buzz surrounding Squid Game 2 is expected to continue building momentum. Industry experts predict that the show's global release will push Netflix’s stock even higher, cementing its position as a leader in the streaming industry.
As Netflix rides high on this wave of success, the future looks bright, with Squid Game continuing to set new standards for global television and media consumption. Fans and investors alike are eagerly awaiting the season premiere, and many believe it will be a defining moment for both Netflix's content and stock performance in 2024.
