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Netflix Has Best Week Since 2022 on Stunning Subscriber Jump
- Streamer is top performing S&P 500 Index stock this week
- At least two analysts upgraded to buy-equivalent ratings
The weekly performance adds to a positive start to the year for Netflix after a volatile 2023.
Photographer: Tiffany Hagler-Geard/BloombergThis article is for subscribers only.
A better-than-expected earnings report lifted shares of Netflix, Inc. to its best weekly performance in more than a year.
Netflix rose 1.5% to close at $570.42 Friday, pushing weekly gains to 18%, the streaming giant’s strongest week since October 2022. The stock is now trading at its highest level in more than two years.