Netflix Stock Looks Scary After 17% Surge on Wednesday

Adam Levine-Weinberg, The Motley Fool
·4 min read
Netflix Stock Looks Scary After 17% Surge on Wednesday

Shares of Netflix (NASDAQ: NFLX) leapt higher last week after the company posted strong fourth-quarter results and predicted a huge jump in earnings in the first quarter. In fact, Netflix stock touched a new all-time high on Wednesday, ending the day with a 17% gain. There's no doubt that Netflix had a great year in 2020 and carries a lot of momentum entering 2021.