Shares of Netflix fell 2.53% to $565.17 at 16:44 EST on Friday, following last session’s downward trend. NASDAQ Composite is rising 0.09% to $13,543.06, after three successive sessions in a row of gains. This seems, at the moment, a somewhat positive trend exchanging session today.
Netflix’s last close was $579.84, 4.98% under its 52-week high of $593.29.
Netflix’s sales growth is 23.5% for the ongoing quarter and 21.4% for the next. The company’s growth estimates for the ongoing quarter and the next is 82.2% and 69.2%, 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 negative 1.12%, a positive 2.91%, and a positive 0.44%, respectively.
Netflix’s last day, last week, and last month’s high and low average amplitude percentage was 3.22%, 3.64%, and 2.98%, respectively.
Netflix’s Stock Yearly Top and Bottom Value
Netflix’s stock is valued at $565.17 at 16:44 EST, below its 52-week high of $593.29 and way above its 52-week low of $290.25.
Netflix’s Moving Average
Netflix’s worth is above its 50-day moving average of $517.82 and way above its 200-day moving average of $504.09.
Previous days news about Netflix
Netflix investors, we need to talk about churn. According to Bloomberg Quint on Tuesday, 19 January, "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+. ", "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. "
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, "With $8.2 billion in cash — and a credit line that hasn’t been drawn down — Netflix said it no longer needs external financing. ", "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, "With many people spending more time at home, streaming demand jumped, bolstering Netflix as well as its competitors.", "In October, Netflix raised the monthly price of its standard streaming service, its most popular option, by $1 to $13.99. "
Netflix delivers a one-two punch. According to The Wall Street Journal on Tuesday, 19 January, "New rivals also have cost Netflix access to popular comfort-viewing programs such as "Friends" and "The Office.", "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, "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. ", "Those new users are predominantly outside the U.S., although Netflix managed to surpass estimates even in North America. "
Stocks making the biggest moves in the premarket: morgan stanley, Netflix, pearson & more. According to CNBC on Wednesday, 20 January, "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 MarketWatch on Wednesday, 20 January, "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 MarketWatch on Wednesday, 20 January, "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 MarketWatch on Wednesday, 20 January, "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 results boosts communications etfs. According to MarketWatch on Wednesday, 20 January, "The Communication Services Select Sector SPDR fund , with a 4.5% Netflix weighting, was the biggest gainer among the 11 funds tracking sectors of the S&P 500, up 2.7%. ", "The iShares Global Communication Services ETF , with 4.5% of its portfolio in Netflix shares, was up 2.5% midday. "