Shares of Netflix rose 1.68% to $533.67 at 09:42 EST on Thursday, following yesterday’s downward trend. The Nasdaq Stock Market is jumping 0.5% to $12,658.20, after three consecutive sessions in a row of gains. This seems, so far, a somewhat positive trend trading session today.
Netflix’s last close was $519.78, 7.81% under its 52-week high of $575.37.
Netflix’s sales growth is 20.7% for the ongoing quarter and 21.1% for the next. The company’s growth estimates for the current 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 Yearly Top and Bottom Value
Netflix’s stock is valued at $533.67 at 09:42 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 value is above its 50-day moving average of $493.61 and higher than its 200-day moving average of $490.39.
Previous days news about Netflix
2021’s must-see drama: Netflix under siege. According to Bloomberg Quint on Mon Dec 14, "It tends to look like this – all Netflix, with maybe one show from another service:", "When 2020 beganand the public didn’t yet know of the coronavirus, the television and entertainment industry was in the midst of a makeshifteffortto challengeNetflix Inc.,the undisputed leader in streaming."
Netflix appoints Zimbabwean telecom billionaire to its board. According to Bloomberg Quint on Wed Dec 16, "Netflix now has more than 190 million subscribers, and is looking to regions beyond the U.S. and Europe for its next batch of customers.", "Toward that end, Netflix has started offering cheaper, mobile-only plans and has commissioned a slate of original series and movies."