Netflix stock continued its hot streak, gaining 1.74% to $465.80. Shares have risen about 10% in the month of June, boosted by positive analyst commentary on its user growth and a continued wave of COVID-19 infections in the U.S. and elsewhere. Earlier this month, RBC Capital Markets analyst Mark Mahaney wrote that Netflix's international growth appears strong with high customer satisfaction among those subscribers, positioning Netflix as a "structural winner" from the pandemic. Read More...
Netflix stock continued its hot streak, gaining 1.74% to $465.80. Shares have risen about 10% in the month of June, boosted by positive analyst commentary on its user growth and a continued wave of COVID-19 infections in the U.S. and elsewhere. Earlier this month, RBC Capital Markets analyst Mark Mahaney wrote that Netflix’s international growth appears strong with high customer satisfaction among those subscribers, positioning Netflix as a “structural winner” from the pandemic.
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