Netflix Gains Ground, Closes Above $1100 After Hitting New High

LOS GATOS, CA – Netflix Inc. (NASDAQ: NFLX) shares finished the trading day on a positive trajectory Thursday, April 25th, closing above a key psychological level and setting a new annual benchmark. The streaming entertainment leader’s stock ended the session at 1,101.53 US dollars on the NASDAQ.

This closing price represented an increase of 4.66 points, or 0.42 percent, from the previous day’s close of 1,096.87 USD. The day proved volatile for Netflix shares, which opened at 1,097.04 USD. While dipping to an intraday low of 1,091.00 USD, strong buying interest pushed the stock to a new 52-week high of 1,106.80 USD during the session before it settled slightly lower at the 4:00 PM ET market close.

Activity continued in the after-hours market following the official close. As of 7:56 PM GMT-4, Netflix stock was quoted at 1,100.00 USD, indicating a minor decrease of 1.53 points or 0.14 percent from the regular session’s closing price.

Key financial data highlights Netflix’s significant market standing, with a market capitalization of approximately 468.8 Billion USD (indicated as 46.88KCr). The company’s Price-to-Earnings (P/E) ratio is currently reported at 52.05. The provided data confirms Netflix does not currently issue a dividend.

Thursday’s trading set a new milestone, establishing the 52-week high at 1,106.80 USD. This stands in stark contrast to the 52-week low of 544.25 USD, demonstrating the stock’s significant upward movement over the past year.

close