Netflix (NFLX) Stock Pushes Higher: Shares Trade Above $1,050 on NASDAQ

Netflix Inc (NASDAQ: NFLX) stock is trading in positive territory during the Tuesday morning session, April 23rd, demonstrating upward movement on the NASDAQ exchange.

As of 10:56 AM GMT-4, shares of the streaming entertainment service were priced at

13.39, or +1.29%, compared to the previous day’s closing price of $1,040.34.

The stock began the trading day at $1,047.22. It experienced volatility in the early hours, reaching a high of $1,059.55 and dipping to a low of $1,032.00 before stabilizing above the $1,050 mark.

Current financial indicators show Netflix with a market capitalization reported as 44.92KCr and a Price-to-Earnings (P/E) ratio of 49.79. The company does not currently pay a dividend.

This price movement places Netflix near the upper end of its recent trading range, approaching its 52-week high of $1,064.97. The stock remains substantially elevated from its 52-week low of $544.25. Trading activity for NFLX continues as the market session proceeds.