Netflix Stock Pops to Record High on Bullish Analyst Forecast for International Profits

Shares of Netflix streamed to record-high territory Thursday after a Wall Street analyst issued a report arguing that investors are underestimating the company’s prospects for international profitability. Netflix’s stock, which historically has been fairly volatile, climbed 3.5%, to $163.28 as of 12:30 p.m. ET after trading as high as $163.84 per share earlier. With the jump,... Read more » Todd Spangler