Why Netflix (NFLX) Outpaced the Stock Market Today

In the latest trading session, Netflix (NFLX) closed at $1,339.13, marking a +1.21% move from the previous day. This move outpaced the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 0.63%, and the technology-centric Nasdaq increased by 0.48%. Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical ...