Mike Tyson and Beyonce Lend Influence to Netflix Stock
Netflix stock soared to new heights on Monday following exciting announcements involving music icon Beyonce and boxing legend Mike Tyson. The streaming video giant revealed that Beyonce will be headlining the halftime show during one of its highly anticipated Christmas Day NFL games. In addition, Netflix shared impressive viewership numbers for its recent live Friday-night boxing event, featuring the highly anticipated matchup between Jake Paul and Mike Tyson.
According to Netflix, over 60 million households tuned in to watch the electrifying fight between Jake Paul and Mike Tyson, which took place on Friday night. The main event match captured a massive global audience of 65 million concurrent views. The co-main event bout between Amanda Serrano and Katie Taylor also drew in a substantial live viewership of around 50 million households worldwide. Both boxing matches were held at the AT&T Stadium in Arlington, Texas.
Despite the overwhelming success of the boxing event, Netflix faced criticism for technical glitches that occurred during the live stream. The New York Times reported that Downdetector, a service that monitors internet disruptions, received over 500,000 reports of users experiencing difficulties streaming the event on Netflix.
In addition to the boxing event, Netflix made another major announcement on Monday, revealing that the Houston Texans will be hosting the Baltimore Ravens at NRG Stadium on Christmas Day. The highlight of the game will be a halftime performance by the one and only Beyonce, who will be showcasing songs from her groundbreaking album “Cowboy Carter” for the first time live in concert.
On Christmas Day, Netflix will be airing two exciting NFL games. The Pittsburgh Steelers will kick off the action against the Kansas City Chiefs at 1 p.m. Eastern time, followed by a matchup between the Baltimore Ravens and the Houston Texans at 4:30 p.m. Eastern time.
As the news of these exciting collaborations and events spread, Netflix stock saw a significant boost, closing at 847.05 on Monday, representing a 2.8% increase in the stock market. Earlier in the session, Netflix stock reached a record high of 848.45, solidifying its strong performance in the market.
Netflix’s impressive growth and success have earned it a spot on two prestigious IBD lists: the IBD 50 and the Big Cap 20, highlighting the company’s position as a leader in the entertainment industry.
With the star power of icons like Beyonce and Mike Tyson behind it, Netflix continues to captivate audiences with its diverse content offerings and exciting live events. As the streaming giant expands its reach and solidifies its position in the market, investors and fans alike eagerly anticipate what the future holds for this innovative and influential company.