January 24, 2018

Investors were apparently impressed with Netflix’s fourth quarter and 2017 year-end report. On January 22, the day Netflix (NASDAQ: NFLX) released its Q4 and year-end financials, stock was valued at $227.58 per share. As of 7:59 PM Eastern yesterday, Netflix was valued at $250.29 per share, an increase of $22.71. Investors had a lot to impressed with. Netflix reported it had grown its streaming revenue to more than $11 billion in 2017, a 36 percent increase over the prior year. In addition, Netflix added 24 million new members last year, a 5 million member increase over 2016.