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Netflix,NFLX Biggest Gainer in Stock Market (NFLX)

Netflix,NFLX Biggest Gainer in Stock Market (NFLX)

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DAY ONE up BIG

DAY TWO UP BIG

Netflix (NFLX) has recaptured the attention of Wall Street and bullish investors, as well, after recording strong fourth quarter sales, most of which came during the holiday shopping season which began right after Thanksgiving.

The company’s stock skyrocketed in value by a very impressive forty two percent after its strong showing eased concerns held by analysts in regard to its costly international expansion and its equally costly movie and TV bill.

The forty-two percent increase in the stock’s value represents the largest single day gain in the company’s history.

Nevertheless, Netflix stock is still trading at just below half of its record-setting high point of three hundred dollars, a figure it reached in July, 2011.

Analysts have upgraded Netflix in reports to their clients and several brokerage firms have increased their Price Targets for the entertainment company.

The stock rose in value by $43.60 in trading on Thursday and closed at $146.86. Carl Icahn, the savvy investor and corporate raider, purchased more than three hundred million in Netflix stock when it was selling at a much lower price and, to date, has earned about five hundred million dollars on his investment.

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