Shares of Netflix rose by a staggering 14.02% to $572.12 at 11:51 EST on Wednesday, following last session’s upward trend. NASDAQ Composite is jumping 1.68% to $13,418.58, 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, 0.99% under 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 current 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 $572.12 at 11:51 EST, below its 52-week high of $577.77 and way higher than its 52-week low of $290.25.
Netflix’s Moving Average
Netflix’s value is way above 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
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, "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. ", "After Netflix reported modest gains in the third quarter, there were fears that demand for Netflix was cooling amid intensifying competition, and content, from the likes of Walt Disney Co.’s Disney+ and Hulu, Apple Inc.’s Apple TV+, AT&T Inc.’s HBO Max, Amazon.com Inc.’s Prime Video, and Comcast Corp.’s Peacock. "
Netflix soars after subscriptions blow past 200 million. According to Bloomberg Quint on Tuesday, 19 January, "While Netflix has consistently reported profits, it had to borrow billions of dollars to fund its spending on new programs. ", "With $8.2 billion in cash — and a credit line that hasn’t been drawn down — Netflix said it no longer needs external financing. "
Netflix tops 200 million subscribers for the first time. According to The Wall Street Journal on Tuesday, 19 January, "While Covid-19 continues to restrict movie and television productions, Netflix said it currently has more than 500 titles in postproduction or ready to launch. ", "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, "Wall Street’s script for Netflix has been simple to date: a singular focus on user numbers. ", "New rivals also have cost Netflix access to popular comfort-viewing programs such as "Friends" and "The Office."
Netflix gets to say 'i told you so,' for now. According to Bloomberg Quint on Tuesday, 19 January, "It’s clear now that a pullback on spending would’ve done far more harm than good for Netflix -to its membership base, its stock price and general faith in the company’s direction. ", "Those new users are predominantly outside the U.S., although Netflix managed to surpass estimates even in North America. "