Netflix Stock: Buy, Sell, or Hold?

Netflix (NFLX) drew global headlines this month with its first-ever live sports broadcast, featuring a much-hyped bout between YouTuber Jake Paul and heavyweight champ Mike Tyson. The event set records for the streamer, with 65 million concurrent viewers at its peak. 

Despite the event's massive reach, many viewers reported glitches during the broadcast, including lengthy buffering and access delays. Traditionally not a broadcaster of live content, Netflix's Tyson vs. Paul match was intended to showcase its readiness to host similarly high-profile sports events later this year, including Christmas Day NFL games.