Netflix shares pack up 8% for yet every other file high – MarketWatch
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Netflix shares pack up 8% for yet every other file high – MarketWatch

Shares of Netflix Inc.
NFLX,
+8.06%

continued their torrid file tear Friday, closing up 8% to $548.73. The streaming service, anticipated to insist yet every other solid quarter on July sixteen, has been a few of the tip-producing tech shares since the COVID-19 outbreak in March. Netflix’s closing sign gave it a valuation above these of competitors Walt Disney Co.
DIS,
+2.sixteen%
,
AT&T Inc.
T,
+1.ninety 9%
,
and Comcast Corp.
CMCSA,
+3.10%
.
Netflix shares have moreover benefited from elegant market research notes in recent days, topped by Goldman Sachs’ prediction of its sign reaching $670 per share. Netflix shares are up 70% in 2020, whereas the broader S&P 500 index
SPX,
+1.04%

is down 1.four%.

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July 10, 2020
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