Shares of Netflix surged 7% to reach a 52-week high of $400.51 per share.
CNBC reports that shares of Netflix surged 7% to reach a 52-week high of $400.51 per share Monday, before closing at $396.72 per share.
Netflix stock is up more than 22% year to date, while the broader S&P 500 is down 14.26% year to date and 25% off of its peak. The Dow Jones Industrial Average closed down 1.37%, while the S&P 500 was off by 1.01%. The Nasdaq Composite rose 0.48% on Netflix’s spike.
