Netflix Shares Notch Gains, Finish Above $1100 After Hitting New Annual High
LOS GATOS, CA – Netflix Inc. (NASDAQ: NFLX) stock finished the trading day on a positive note Thursday, April 25th, closing above the significant $1,100 threshold and establishing a new peak for the past year. The streaming entertainment giant’s shares settled at 1,101.53 US dollars on the NASDAQ exchange.
This closing figure represented an advance of 4.66 points, or 0.42 percent, compared to the prior session’s close of 1,096.87 USD. The trading day itself was characterized by notable volatility. Netflix opened at 1,097.04 USD, dipped to an intraday low of 1,091.00 USD, but rallied strongly to achieve a new 52-week high of 1,106.80 USD before closing slightly below that high point as the 4:00 PM ET bell rang.
In post-market trading following the official close, Netflix shares saw a slight moderation. As of 7:56 PM GMT-4, the stock was quoted at 1,100.00 USD, indicating a decrease of 1.53 points or 0.14 percent from the regular session’s closing value.
Key financial details presented alongside the stock data show Netflix holds a substantial market capitalization of approximately 468.8 Billion USD (listed as 46.88KCr). The company’s Price-to-Earnings (P/E) ratio currently stands at 52.05. The market summary indicates that Netflix does not currently distribute a dividend yield.
The trading session was marked by the establishment of the new 52-week high at 1,106.80 USD. This contrasts significantly with the 52-week low of 544.25 USD, underscoring the stock’s substantial gains over the last twelve months.
