Netflix Up over 5%, on Pace for Largest Percent Increase Since January 2019 -- Data Talk

Netflix, Inc. (NFLX) is currently at $343.00, up $17.00 or 5.22%

-- Would be highest close since July 17, 2019, when it closed at $362.44

-- On pace for largest percent increase since Jan. 15, 2019, when it rose 6.52%

-- Earlier Thursday, Guggenheim raised its price target for Netflix to $420.00/share from $400.00/share. On Wednesday, three other firms raised their price target for Netflix, Benzinga reported

-- Netflix said Tuesday that it added 423,000 domestic subscribers in the fourth quarter, compared with its forecast of 600,000 additions. It also posted an increase of 8.3 million subscribers in overseas markets, more than the seven million the company was expecting

-- Snaps a two day losing streak

-- Up 6.01% month-to-date; on pace for best month since Nov. 2019, when it rose 9.48%

-- Down 18.13% from its all-time closing high of $418.97 on July 9, 2018

-- Traded as high as $345.00; highest intraday level since Jan. 14, 2020, when it hit $345.38

-- Up 5.83% at today's intraday high; largest intraday percent increase since Oct. 17, 2019, when it rose as much as 7.85%

-- Second best performer in the S&P 500 today

-- Second best performer in the Nasdaq 100 today

All data as of 12:51:43 PM

Source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 23, 2020 13:16 ET (18:16 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.