Shares of Netflix jumped 3.24% to $519.50 at 12:10 EST on Monday, after two successive sessions in a row of gains. The Nasdaq Stock Market is jumping 1.19% to $12,525.60, following yesterday’s downward trend, This seems, as yet, an all-around positive trend exchanging session today.
Netflix’s last close was $503.22, 10.75% below its 52-week high of $575.37.
News about Netflix today
2021’s must-see drama: Netflix under siege. According to today’s article on Bloomberg Quint, "Meanwhile, more than 60 million people have signed up for Disney+, about 30 millionfor Netflix and nearly 13million activated the newHBO Max. ", "Netflix should enjoy its lonely winter on top, because in 2021 the streaming wars are finally heating up."
Netflix’s sales growth is 20.7% for the present quarter and 21.1% for the next. The company’s growth estimates for the ongoing quarter and the next is 6.2% and 32.5%, respectively.
Year-on-year quarterly revenue growth grew by 22.7%, now sitting on 23.82B for the twelve trailing months.
Netflix’s Stock Top and Bottom Yearly Value
Netflix’s stock is valued at $519.50 at 12:10 EST, below its 52-week high of $575.37 and way above its 52-week low of $290.25.
Netflix’s Moving Average
Netflix’s worth is higher than its 50-day moving average of $491.83 and higher than its 200-day moving average of $488.89.
Previous days news about Netflix
Disney May finally make Netflix sweat. According to The Wall Street Journal on Fri Dec 11, "And while Netflix is a streaming-only company, Disney made clear at a four-hour investor event Thursday that it is not throwing in the towel on theatrical movies. ", "It is an ambitious goal, and hardly a sure thing, especially since both Disney and Netflix can chalk up a good deal of their recent success to the pandemic that has shuttered movie theaters, theme parks, restaurants and other entertainment options. "