Published: Dec. 13,2024
By JJ. Lee
Netflix hasreached a major milestone, with its stock surging by 100% over the course ofthe year, hitting an all-time high of $936 per share. This remarkable rise instock value is fueled by growing anticipation for the global streaming giant’supcoming releases, notably the second season of Squid Game. As the countdown tothe premiere on December 26, 2024, continues, overseas critics are amplifyingtheir excitement, further driving the hype surrounding the series.
The success ofSquid Game’s first season, which remains Netflix's most-watched series withover 330 million views, laid the foundation for this unprecedented growth. Withthe second season set to dive even deeper into societal issues, its relevanceis resonating with a global audience, enhancing Netflix’s already boomingsubscriber base. The upcoming season promises new characters, thrillingdevelopments, and a continuation of its sharp critique of inequality andsocietal divisions.
The excitementsurrounding Squid Game 2 has not only impacted Netflix’s viewership but alsoplayed a crucial role in the stock surge. As overseas critics preview the newseason, they’ve lauded its ambitious storytelling and its ability to addresspressing cultural topics. This anticipation, coupled with Netflix's ongoinginvestment in original content, has contributed to a spike in investorconfidence.
With the premierejust days away, the buzz surrounding Squid Game 2 is expected to continuebuilding momentum. Industry experts predict that the show's global release willpush Netflix’s stock even higher, cementing its position as a leader in thestreaming industry.
As Netflix rideshigh on this wave of success, the future looks bright, with Squid Gamecontinuing to set new standards for global television and media consumption.Fans and investors alike are eagerly awaiting the season premiere, and manybelieve it will be a defining moment for both Netflix's content and stockperformance in 2024.
