Netflix stock rallies toward best gain in 5 months, leads S&P 500’s gainers

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Shares of Netflix Inc. powered up 9.1% in midday trading Thursday, enough to pace the S&P 500’s gainers, and putting them on track to close at the highest...

Shares of Netflix Inc.

advanced 1.7%, Walt Disney Co. DIS climbed 1.8%, Amazon.com Inc. powered up 9.1% in midday trading Thursday, enough to pace the S&P 500’s gainers, and putting them on track to close at the highest price for the month. The video streaming giant stock was also headed for the the biggest one-day gain since it ran up 13.1% on Oct. 19, 2022. While the stocks of other companies with leading streaming services were also rising, Netflix’s stock outperformed them by a wide margin. Shares of Apple Inc.

 

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