Netflix Stock Soars 14%—But Some Analysts Have Doubts
ToplineNetflix stock soared 14% on Wednesday after the streaming giant’s earnings release highlighted by far greater subscriber growth than anticipated, leading some analysts to question whether the market’s rosy earnings reaction was justified.Netflix co-CEO Ted Sarandos.FilmMagic Key FactsShares of Netflix climbed to almost $560 shortly after Wednesday’s market open, trading at their highest level since January 2022 and pacing toward their third-best day of the last five years. The stock surge continued ...