Netflix stock extends win streak, rises toward 4-month high
Dow Jones2021-08-21
MW Netflix stock extends win streak, rises toward 4-month high
Shares of Netflix Inc. $(NFLX)$ rose 0.9% in afternoon trading Friday, putting them on track of a sixth-straight gain and a four-month high. The streaming video company's stock streak of gains was highlighted by Thursday's 4.2% breakout rally and providing a downbeat subscriber additions outlook. The stock, on track for the highest close since April 20, has gained 1.5% year to date but has rallied 9.4% over the past three months, while the S&P 500 has advanced 18.2% this year and gained 6.7% the past three months.
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