Is anything about to stop Netflix’s (NFLX) mercurial ascent? The 2010s’ best performing stock has been on fire this year, delivering a market-stomping 35% to build a 189 billion market cap. Driven by global stay-at-home measures in the wake of the coronavirus pandemic, viewership has increased, and the stock has not only proved resilient, but flourished throughout the period.Investors and analysts will pay close attention to Netflix’s first-quarter earnings this evening, hoping to glean insights worthy of an investment thesis from the company’s financial data and management’s comments.Wedbush’s Michael Pachter’s estimates are roughly in-line with those of the Street, calling …read more
Source:: Yahoo Finance
