Wall Street Gushes Over Netflix Earnings, Boosting Its Stock

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Wall Street Gushes Over Netflix Earnings, Boosting Its Stock
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UPDATED with closing price. Netflix shares came roaring out of the gate Thursday and never wavered amid a wave of Wall Street enthusiasm about its latest quarterly earnings report. The stock closed…

UPDATED with closing price.

Netflix shares came roaring out of the gate Thursday and never wavered amid a wave of Wall Street enthusiasm about its latest quarterly earnings report. The stock closed at $401.77, up 16%, on nearly five times normal trading volume. The dramatic upswing, the biggest single-day increase since January 2021, came against

 

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Netflix is set to report earnings – here's what Wall Street expectsNetflix is set to report earnings – here's what Wall Street expectsNetflix’s main focus recently has been on juicing profits, not necessarily its subscriber count.
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Morgan Stanley upgrades Netflix after blowout earnings, sees 20% upside potentialMorgan Stanley upgrades Netflix after blowout earnings, sees 20% upside potentialThe Wall Street firm's analyst Benjamin Swinburne upgraded Netflix to overweight from equal weight Thursday.
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