Netflix Moving Higher (NFLX)

Shares of Netflix NFLX are moving higher today on heavier-than-average volume. Investors are bidding up shares in the online movie rental company by $5.90, or 5.35%, to $116.23 in mid-morning trading. More than 1.95 million shares have already traded hands versus the three-month average daily volume of 2.79 million shares. The stock is now eyeing its 52-week high of $119.50 set back on May 13.