Published on 27 May 2024 on Zacks via Yahoo Finance
Netflix (NFLX) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Shares of this internet video service have returned +15.2% over the past month versus the Zacks S&P 500 composite's +4.8% change. The Zacks Broadcast Radio and Television industry, to which Netflix belongs, has gained 11.3% over this period. Now the key question is: Where could the stock be headed in the near term?