Netflix Shrugs Off Market Turmoil With Shares Rising Past $300
Photographer: Chris Ratcliffe/Bloomberg
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Trade wars? Higher interest rates? It doesn’t matter to Netflix Inc.
In a week that saw volatility spike and the Dow Jones Industrial Average shed 1,100 points over three days, Netflix continued to rally despite the lack of any big news. The shares quietly rose more than 5 percent on the week, closing at yet another record.