Previous close | 194.86 |
Open | 194.86 |
Bid | 261.60 |
Ask | 265.55 |
Strike | 210.00 |
Expiry date | 2024-06-21 |
Day's range | 194.86 - 204.64 |
Contract range | N/A |
Volume | |
Open interest | 51 |
Shares of Disney (DIS) and Netflix (NFLX) are trading to new heights, reaching 52-week highs. Disney's stock is being propelled by the successful implementation of the company's turnaround plan, robust free cash flow generation, and strategic partnerships within sports streaming. Meanwhile, Netflix's stock is thriving due to subscriber growth, increased revenue streams, and the recently announced collaboration with WWE to explore gaming opportunities. Yahoo Finance's Alexandra Canal breaks down the details. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. Editor's note: This article was written by Angel Smith
The cup with handle is a simple base pattern that leads to successful breakouts. Netflix gained 39% after breaking out from a cup with handle's buy point in 2023.
Netflix stock retreated Wednesday after hitting a 52-week high a day earlier. Shares have nearly doubled in the past year.