Has my stock been accused of fraud?Join over 160k users who know.

Ticker Price Change($) Change(%) Shares Volume Prev Close Open Gain($) Gain(%)
Ticker Status Jurisdiction Filing Date CP Start CP End CP Loss Deadline
Ticker Case Name Status CP Start CP End Deadline Settlement Amt
Ticker Name Date Analyst Firm Up/Down Target ($) Rating Change Rating Current

News

Why Netflix Shares Are Rising

Author: Henry Khederian | September 28, 2022 10:42am

Netflix Inc (NASDAQ:NFLX) shares are trading higher by 3.90% to $233.12. Atlantic Equities on Wednesday upgraded the stock from Neutral to Overweight and raised its price target from $211 to $283.

Shares of several companies in the broader communications, media and entertainment industry, including Netflix have otherwise been trading lower in recent sessions amid raised fears of an economic slowdown as investors continue to assess Wednesday's Fed commentary and 75 bps rate hike.

An economic slowdown could negatively impact consumer spending and induce consumers into cutting subscription services.

See Also: So What's Happening With Ocugen Stock Today?

According to data from Benzinga Pro, Netflix has a 52-week high of $700.99 and a 52-week low of $162.71.

Posted In: NFLX

CLASS ACTION DEADLINES - JOIN NOW!

NEW CASE INVESTIGATION

CORE Finalist