Media executives have praised their competitors this earnings season, making one thing clear: the streaming wars have hit a ceasefire.
Netflix is back above the 50-day moving average and is showing an improvement in relative strength. Currently, Netflix stock shows a 91 Relative Strength Rating on a scale of 1 to 99. Sell to open the NFLX June 21-expiring put option with a strike price of 570, which recently traded around $6.60 per share.
Netflix, Inc. (NASDAQ: NFLX) announced today that Spencer Wang, VP of Finance, IR and Corporate Development, will present at the MoffettNathanson Media, Internet & Communications Conference on Wednesday, March 15, 2024. Mr. Wang is scheduled to present at 8:00 a.m. Pacific Time / 11:00 a.m. Eastern Time.