UPDATE: Netflix Shares Close +42.2% After Its Startlingly Strong Q4 Results

UPDATE, 1:58 PM: Wall Street apparently believes that Netflix is worth $2.4B more today than it was yesterday. Investors drove the stock price up 42.2% to $146.86, giving the streaming company a market value of $8.16B. It’s the biggest-ever one-day gain for the company, which went public in 2002, and it’s Netflix’s highest closing price since September 16, 2011. The company hit its 52-week bottom on September 12, 2012 when it closed at  $53.80. (more…)

This article was printed from https://deadline.com/2013/01/netflix-stock-wall-street-reconsider-411657/