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home / news releases / NFLX - Why Netflix Stock Was Soaring This Week


NFLX - Why Netflix Stock Was Soaring This Week

2024-01-25 15:53:10 ET

Netflix (NASDAQ: NFLX) was surging this week after the streaming stock dazzled investors in its fourth-quarter earnings report, posting strong subscriber growth and offering bullish guidance for the coming year.

The report showed that Netflix had put earlier concerns about hitting a wall in subscription growth fully behind it. According to data from S&P Global Market Intelligence , the stock was up 14% from last week as of 2:30 p.m. ET on Thursday.

Image source: Getty Images.

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Why Netflix Stock Was Soaring This Week
Stock Information

Company Name: Netflix Inc.
Stock Symbol: NFLX
Market: NASDAQ
Website: netflix.com

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