The year is early, but Netflix (NFLX) shares are rocking as Wall Street gets more optimistic on a comeback year financially for the streaming beast.
Shares of Netflix are up more than 10% so far in January, outperforming the Nasdaq Composite’s 2% gain. The stock is the best performing of the closely watched FAANG (Facebook, Amazon, Apple, Netflix, Google) complex, per Yahoo Finance data.
In the past six months, Netflix shares are up more than 70%.
Yahoo Finance takes a quick look at the drivers…
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