Netflix Up 13.5% After Hitting 52-Week High (NFLX)

Shares of Los Gatos, California-based Netflix, Inc. NFLX are trading up 13.5% at $207.77 per share during the Thursday morning trading session. The day's trading range for shares of Netflix, Inc has been between $204.58 and a 52-week high of $211.30 per share. Analysts covering the company's stock give it a consensus price target of $156.70 per share. Volume of 10.2 million shares is already nearly double the daily average volume of 5.5 million shares. Netflix, Inc. (NFLX) announced after the market closed on Wednesday that it beat consensus Wall Street earnings expectations. Netflix, Inc announced 4th quarter earnings per share of 87 cents, on revenue of $596 million. According to a survey of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 71 cents per share, on revenue of $597.49 million. Read more from Benzinga's Company news.