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News: General

Netflix Stock Hits All-Time High on Investor Zeal, Success of "Bright"

Wednesday, January 3, 2018   (0 Comments)
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From Variety:

Orcs and fairies helped push Netflix investor enthusiasm to a new high-water mark.

Shares of Netflix closed at $205.05 per share, up 2%, on Wednesday — marking a new all-time high for the streaming-video player. The stock had hit an intraday high of $206.21 per share.

The stock rally came after Netflix announced earlier in the day that it has officially greenlit a sequel to “Bright,” the cop/fantasy movie with a reported $90 million production budget.

- Read the full story at Variety.com


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