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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