Shares of Netflix rose by a staggering 15.63% to $580.18 at 12:54 EST on Wednesday, following last session’s upward trend. NASDAQ Composite is rising 1.75% to $13,427.92, following last session’s upward trend, This seems, at the moment, an all-around positive trend exchanging session today.
Netflix’s last close was $501.77, 0.42% below its 52-week high of $577.77.
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 stock soars toward best 1-day post-earnings gain in over 4 years. According to today’s article on MarketWatch, "Shares of Netflix Inc. soared 14.2% in premarket trading Wednesday, putting them on track to open in record territory, after the video streaming giant reported after the previous session’s close has gained 10.3%."
Stocks open higher ahead of biden inauguration; Netflix shares soar. According to today’s article on MarketWatch, "Shares of Netflix Inc. jumped more than 12% after the video-streaming giant late Tuesday reported blowout fourth-quarter subscriber figures."
U.S. stocks open higher on inauguration day; Netflix shares jump 14% at open. According to today’s article on MarketWatch, "Investors are also parsing earnings reports from the likes of Netflix as well as those from Morgan Stanley, and Dow components UnitedHealth and P&G."
Netflix’s sales growth is 21.6% for the current quarter and 19.9% for the next. The company’s growth estimates for the ongoing quarter and the next is 33.8% and 61%, respectively.
Year-on-year quarterly revenue growth grew by 21.5%, now sitting on 25B for the twelve trailing months.
Netflix’s last day, last week, and last month’s average volatility was a positive 0.76%, a positive 0.11%, and a negative 0.22%, respectively.
Netflix’s last day, last week, and last month’s high and low average amplitude percentage was 3.18%, 3.10%, and 2.69%, respectively.
Netflix’s Stock Yearly Top and Bottom Value
Netflix’s stock is valued at $580.18 at 12:54 EST, above its 52-week high of $577.77.
Netflix’s Moving Average
Netflix’s worth is way above its 50-day moving average of $513.02 and way above its 200-day moving average of $502.93.
Previous days news about Netflix
Netflix investors, we need to talk about churn. According to Bloomberg Quint on Tuesday, 19 January, "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.", "Some analysts are already beginning to favor Walt Disney Co.’s Disney+ because Netflix recently raised prices and doesn’t have much room left to grow in the U.S. The average estimate compiled by Bloomberg calls for Netflix to add about 6.1 million subscribers globally for the latest period, compared with more than 16 million for Disney+. "
Netflix stock jumps over 8% after quarterly results. According to MarketWatch on Tuesday, 19 January, "On Tuesday afternoon, Netflix reported 8.5 million net new subscribers in its fourth quarter, a dramatic uptick from the 2.2 million reported in the previous quarter. ", "The news sent Netflix shares up more than 8% in after-hours trading Tuesday, despite profits being lower than expected."
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.", "While Netflix has consistently reported profits, it had to borrow billions of dollars to fund its spending on new programs. "
Netflix tops 200 million subscribers for the first time. According to The Wall Street Journal on Tuesday, 19 January, "Our strategy is simple: if we can continue to improve Netflix every day to better delight our members, we can be their first choice for streaming entertainment.", "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, "Wall Street’s script for Netflix has been simple to date: a singular focus on user numbers. ", "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, "This revelation, which came inthe release offourth-quarter results, is significant because it would seem to firmly rebutthebiggest longstanding argument against owning Netflix shares -that the business can’t sustain itself. ", "Those new users are predominantly outside the U.S., although Netflix managed to surpass estimates even in North America. "