Netflix stock hits record high for third straight day

By | April 20, 2015

Scalper1 News

Netflix (NFLX) stock hit a record high for the third straight trading day on Monday, with investors still buzzing about the Internet television company’s better-than-expected subscriber growth in the first quarter. Netflix hit an all-time high of 576.13 in morning trading on the stock market today. In afternoon trading, Netflix was flat, near 571. Netflix closed at 475.46 last Wednesday ahead of its Q1 earnings report. After the market close, it disclosed better-than-forecast domestic and international subscriber gains. It ended the March quarter with 62.27 million subscribers, an increase of 4.88 million from the December quarter. It had forecast a gain of 4.05 million new subscribers. Scalper1 News

Scalper1 News