Netflix's 2019 Rally Continues With Analysts Bullish on Subscribers
This article is for subscribers only.
Netflix Inc. rallied on Monday, in the latest move higher for the stock, which hasn’t had a negative session thus far in 2019.
Shares gained 5.5 percent, on track for the third straight rise, as well as the seventh advance of the past eight trading days (on the day when the stock didn’t rise, it ended the day unchanged.) The video-streaming company has surged nearly 35 percent over the past eight sessions. Though at current levels, it remains 25 percent below a record hit in July.