The epic month’s lengthy rally in Netflix shares appears to point out no indicators of abating.
Netflix (NFLX) shares rose barely on Wednesday regardless of a broader market sell-off, bringing its one-month acquire to almost 16%. The inventory is by far one of the best element of the carefully watched FAANG inventory complicated [Facebook, Apple, Amazon, Netflix and Google] throughout this stretch, topping a 7% acquire for Apple.
The inventory is at the moment buying and selling at a recent document excessive.
If Netflix shares end at present’s session within the inexperienced, it will characterize the ninth straight optimistic session