Friday saw a 4.2% jump in Netflix stocks as quarterly reports are soon to be reached. While certain networks are pulling out of Netflix, including Discovery, they maintain a strong working relationship with BBC and other choice networks. However, Netflix is broadening the titles offered to Canada, in addition to making up some weak numbers in previous quarters. With a day and a half to go before quarterly earnings are released, there is still plenty of time left for prices to yo-yo a few times on speculation before becoming fixed at the data’s actual release.
January 19, 2015 – Stocks Market News
Friday saw a 4.2% jump in Netflix stocks as quarterly reports are soon to be reached. While certain networks are pulling out of Netflix, including Discovery, they maintain a strong working relationship with BBC and other choice networks. However, Netflix is broadening the titles offered to Canada, in addition to making up some weak numbers in previous quarters. With a day and a half to go before quarterly earnings are released, there is still plenty of time left for prices to yo-yo a few times on speculation before becoming fixed at the data’s actual release.
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