Latest in Netflix Stock

Netflix stock closed the week at its highest level since last April, rising more than 8% Friday to end at $342.50 after the company reported strong subscriber growth and executed a smooth handoff atop its executive ranks. A darling of investors for most of its two-plus decades of public trading…

Shares in Netflix, Warner Bros Discovery and AMC Networks were among the top gainers in a so-called “Santa Claus rally” today near the conclusion of a rough year for media and tech stocks. The tech-heavy Nasdaq finished the day up 2.6% to finish at 10,478.09, but it remains on track for its worst…

Media and entertainment stocks led by Netflix were among big losers Thursday as economic data and the latest Fed move has investors panicking about an imminent recession. Netflix in particular — off nearly 10% — was knocked by a report that its ad-supported tier is having a tough debut. The DJIA is…

Netflix stock dipped 1% to close the week at $230 a share as debate continued on Wall Street about the financial impact of the company’s embrace of advertising. Basic with Ads, the new subscription tier with four to five minutes of ads per hour of programming, will debut in early November in the U.S…

Dahmer: Monster – The Jeffrey Dahmer Story continues its ratings spree. The Ryan Murphy series has become Netflix's second most popular series of all time, behind the fourth season of Stranger Things, after another impressive week. In its third week, the series continued to top Netflix's global…

Media stocks and broader markets swooned Tuesday with all three major indexes posting their worst session since June of 2020 on news that consumer prices last month rose more than expected. The brutal selloff hit tech and media stocks hard with Apple, Roku and Google down about 6%, Amazon and Snap off 7%, Spotify…

Showbiz shares followed broader market lower Friday after Federal Reserve chair Jerome Powell indicated the central bank will continue aggressively raising interest rates to fight inflation. "Restoring price stability will take some time and requires using our tools forcefully to bring demand and supply into better…

Shares of Disney, Paramount, Warner Bros. Discovery all closed higher and continued to gain in after-hours trading when Netflix, the dominant streamer, lost fewer subscribers in the June quarter than it said it would. Netflix clearly led media shares as its battered stock surged nearly 6% during the session and gained…

Most stocks and sectors closed down Thursday in a massive and broad market selloff that thrashed media and tech shares from big showbiz conglomerates to Amazon, Apple and Meta to Roku, Endeavor, Cinemark and the New York Times. With the trading day done, the Dow 30 is down more than 3% having shed over 1,100 points…

A Netflix shareholder has sued the streamer for violating securities law after slowing subscriber growth led to a sharp decline in the company's stock price. The suit, filed U.S. District Court in the Northern District of California by Imperium Irrevocable Trust, seeks class action status "on behalf of all others…

Bill Ackman’s Pershing Square Holdings, which made a high-profile purchase of Netflix shares in January after a dip in the stock price, said it sold the stake today, having “lost confidence in our ability to predict the company's future prospects with a sufficient degree of certainty.” Pershing’s portfolio “requires a…

Tech stocks and the beleaguered Nasdaq jumped today in a rally led by streamers Spotify, Netflix and Roku. All have seen their shares pummeled, with Netflix in particular being hit by disappointing subscriber numbers last quarter and Spotify embroiled in a Joe Rogan controversy. Spotify is up 12% at $193, Netflix by…