NASDAQ Composite ended the session with Netflix rising 1.9% to $509.99 on Thursday, after three sequential sessions in a row of losses. NASDAQ Composite rose 2.61% to $13,073.47, following last session’s downward trend on what was an all-around positive trend trading session today.
Netflix today’s close was $509.99, 12.82% under its 52-week high of $575.37.
News about Netflix today
According to today’s article on The Wall Street Journal, “The coronavirus pandemic has been a boon for major streaming services, including Netflix Inc., Disney’s Hulu and Amazon.com Inc.’s Prime Video, whose subscriber base soared last year in the midst of growing demand for content from shut-in customers. “
Netflix’s sales growth is 20.7% for the present quarter and 21.1% for the next. The company’s growth estimates for the ongoing 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 last day, last week, and last month’s average volatility was a negative 4.06%, a negative 1.20%, and a positive 0.02%, respectively.
Netflix’s last day, last week, and last month’s high and low average amplitude percentage was 2.71%, 3.18%, and 2.82%, respectively.
Netflix’s Stock Yearly Top and Bottom Value
Netflix’s stock is valued at $509.99 at 17:21 EST, way under its 52-week high of $575.37 and way higher than its 52-week low of $290.25.
Netflix’s Moving Average
Netflix’s value is higher than its 50-day moving average of $508.79 and higher than its 200-day moving average of $500.34.
Previous days news about Netflix
Shonda rhimes’s ‘bridgerton’ series is a major hit for Netflix. According to Bloomberg Quint on Monday, 4 January, “But while Murphy has been churning out show after show — drawing tepid reviews and viewership — Rhimes took more than three years to release her first Netflix project. “, “The series will be seen by 63 million households in its first four weeks, marking the fifth-largest debut of any show on the service, Netflix said Monday. “
According to Bloomberg Quint on Wednesday, 6 January, “Facebook Inc. shares dropped 2.1% premarket, while Amazon.com Inc., Apple Inc., Netflix Inc., Alphabet Inc. and Microsoft Corp. fell less than 2%. “