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Wednesday, Jan 23
Netflix (NFLX +4.4%) has rallied above $102 ahead of today's Q4 report. Aided by Carl Icahn, new...
Netflix (NFLX +4.4%) has rallied above $102 ahead of today's Q4 report. Aided by Carl Icahn, new content deals, and optimism Amazon and others can be held at bay, shares are up 70% from where they closed the day after Netflix's Q3 report, whose disappointing cash flow and streaming sub guidance fueled a big selloff. In addition to subs, margins will likely be a focus area, given Netflix's huge content obligations. Today's gains come as Netflix and YouTube show off DIAL, a mobile/TV streaming solution similar to Apple's AirPlay.