NASDAQ Composite opens in less than one hour and Netflix’s pre-market value is already 13.37% up.
The last session, NASDAQ Composite finished with Netflix jumping 0.76% to $501.77. NASDAQ Composite rose 1.53% to $13,197.18, following last session’s upward trend on what was an all-around positive trend trading session.
Netflix’s last close was $497.98, 14.67% below its 52-week high of $575.37.
News about Netflix today
Stocks making the biggest moves in the premarket: morgan stanley, Netflix, pearson & more. According to today’s article on CNBC, "Netflix (NFLX) – Netflix shares are surging in premarket trading, after it reported that its subscriber numbers exceeded 200 million for the first time as 2020 ended. "
Netflix’s sales growth is 21.2% for the ongoing quarter and 21.7% for the next. The company’s growth estimates for the current quarter and the next is 6.9% and 33.8%, respectively.
Netflix’s last day, last week, and last month’s average volatility was a negative 0.58%, a negative 0.49%, and a negative 0.21%, respectively.
Netflix’s last day, last week, and last month’s high and low average amplitude percentage was 2.27%, 2.98%, and 2.63%, respectively.
Previous days news about Netflix
Netflix investors, we need to talk about churn. According to Bloomberg Quint on Tuesday, 19 January, "Just two years ago, there weren’t many on-demand video alternatives to Netflix aside from your own stack of dusty DVDs or the local gas station’s Redbox kiosk. ", "As the incumbent with the most customers to lose, Netflix Inc.’s shareholders will be keeping a watchful eye on its churn rate, including gleaning what they can from its next earnings report, which is set to arrive Tuesday after the stock market closes."
Netflix stock jumps over 8% after quarterly results. According to MarketWatch on Tuesday, 19 January, "The news sent Netflix shares up more than 8% in after-hours trading Tuesday, despite profits being lower than expected.", "Importantly, Netflix executives said in a letter to shareholders that Netflix was approaching sustainable free cash flow after massive debt spending to develop content in recent years."
Netflix soars after subscriptions blow past 200 million. According to Bloomberg Quint on Tuesday, 19 January, "In the fourth quarter alone, Netflix released popular series in German, Korean, Japanese and French.", "The stock rallied 67% last year, but concerns about slowing growth had weighed on Netflix in 2021. "
Netflix tops 200 million subscribers for the first time. According to The Wall Street Journal on Tuesday, 19 January, "In October, Netflix raised the monthly price of its standard streaming service, its most popular option, by $1 to $13.99. ", "With many people spending more time at home, streaming demand jumped, bolstering Netflix as well as its competitors."
Netflix delivers a one-two punch. According to The Wall Street Journal on Tuesday, 19 January, "Indeed, Netflix projected only 6 million subscriber additions for the first quarter, matching the low end of Wall Street’s forecasts. ", "Over the previous five years, Netflix had averaged about 22.5 million paid subscriber additions annually."
Netflix gets to say 'i told you so,' for now. According to Bloomberg Quint on Tuesday, 19 January, "It’s clear now that a pullback on spending would’ve done far more harm than good for Netflix -to its membership base, its stock price and general faith in the company’s direction. ", "While Hollywood productions hadto shut down and other media companies grappled with the resulting content shortages, the backlog Netflix had built up allowed it to releasehit after hit throughout lockdowns. "