Netflix Stock Soared in Early 2024: Here's Why
NFLXNetflix(NFLX) The Motley Fool·2024-07-13 01:56

Here's why Netflix stock soared in early 2024 and what could come next.Shares of Netflix (NFLX 0.19%) rose 38.6% in the first half of 2024, according to data from S&P Global Market Intelligence. The media-streaming veteran anchored its gains around two robust earnings reports, and the company signed potentially game-changing deals with two popular sports leagues along the way.Netflix's financial results and a deal-making spreeLet's start with the financial reports.A powerful fourth-quarter report inspired a ...