NASDAQ Composite ended the session with Netflix rising 17.72% to $590.69 on Wednesday, following last session’s upward trend. NASDAQ Composite jumped 2.1% to $13,474.08, following last session’s upward trend on what was an all-around positive trend exchanging session today.
Netflix today’s close was $590.69, 0.44% under its 52-week high of $593.29.
News about Netflix today
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%."
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 $590.69 at 17:55 EST, under its 52-week high of $593.29 and way above its 52-week low of $290.25.
Netflix’s Moving Average
Netflix’s value is way higher than its 50-day moving average of $513.02 and way higher than its 200-day moving average of $502.93.
Previous days news about Netflix
According to Bloomberg Quint on Tuesday, 19 January, "There is a parallel in the U.S.,where investorsobsessover the so-calledFAANG stocks (Facebook Inc., Apple Inc., Amazon.com Inc., Netflix Inc. and Google, now Alphabet Inc.),which trade on average at 53 times earnings."
Netflix delivers a one-two punch. According to The Wall Street Journal on Tuesday, 19 January, "Over the previous five years, Netflix had averaged about 22.5 million paid subscriber additions annually.", "Wall Street’s script for Netflix has been simple to date: a singular focus on user numbers. "