Netflix Rising On Unusual Volume (NFLX)

The ride in Netflix NFLX simply will not stop. The stock has been very volatile for months, and most of the outsized moves have been upward. During Tuesday's trading session, NFLX has jumped 2.44% to $141.85. More than 3.3 million NFLX shares have already changed hands compared to a daily average of around 5.5 million. By the end of the trading day, this figure will likely be exceeded. Traders looking for a short-term trading vehicle should definitely keep an eye on NFLX. Netflix, Inc. is a subscription service streaming movies and television episodes over the Internet and sending digital versatile discs (DVDs) by mail to more than 12 million subscribers. The Company’s subscribers can watch unlimited movies and television episodes streamed to their televisions and computers, and can receive DVDs delivered to their homes.