Netflix stock soars toward biggest gain in nearly 3 years, would add more than $21 billion to market cap

Shares of Netflix Inc.

shot up toward the best one-day performance in nearly three years, in the wake of the streaming video giant’s strong third-quarter results. The stock rose 13.5% to lead all of the S&P 500’s premarket gainers, a day after it closed at five-month low. The stock was headed for the biggest percentage gain since it soared 16.9% on Jan. 20, 2021, which was the day after Netflix reported fourth-quarter 2020 results. The implied premarket gain in price would add about $21.

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Tesla stock options priced for smaller than usual move after earningsTomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter TomiKilgore.
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