Netflix Shares Continued to Soar Last Week
Shares of online streaming giant Netflix (NFLX) rose 7.9% to close at $311.65 in the week that ended on April 13, 2018. Deutsche Bank (DB) upgraded Netflix stock to a “buy” and accepted that it had been wrong about the stock. Deutsche Bank analyst Bryan Kraft stated that although Netflix continued to achieve revenue growth, there were concerns about the company’s ability to grow in international markets.