Netflix hits all-time high as it jumps over 3%

Netflix hits all-time high as it jumps over 3%
  • Clock-gray 19:48
  • calendar-gray 14 May 2020

Netflix jumped over 3% in early trade on Thursday as it hit an all-time high of $452 per share, APA reports citing Teletrader.

The jump came despite a negative open on Wall Street as the streaming giant gained in popularity amid the coronavirus pandemic. Recently, Netflix announced new shows that would be coming in June while some analysts even set a price target of $520 for the company.

Netflix traded 2.51% higher at 9:39 am ET, going for $449.28 per share. It is now up 3.52% for the week and has jumped 39.66% since the start of 2020.

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