Netflix Inc. (NFLX) stock rallied Monday following the streaming giant’s record-breaking boxing event featuring Mike Tyson and Jake Paul, despite technical difficulties that plagued some viewers during the live broadcast.
What Happened: Gary Black, Managing Partner of The Future Fund LLC, wrote on X, “One could have made a lot of money scooping up Netflix this morning below $815,” noting that the stock finished at $848. He emphasized that the technical glitches were “easy fixes” and suggested the impressive viewership of 60 million could signal stronger subscriber growth in the fourth quarter.
The streaming platform’s capacity to manage high-traffic live events is being closely evaluated as Netflix gears up for its next major live programming challenge: two exclusive NFL games on Christmas Day.
Full story available on Benzinga.com
Netflix Inc. (NFLX) stock rallied Monday following the streaming giant’s record-breaking boxing event featuring Mike Tyson and Jake Paul, despite technical difficulties that plagued some viewers during the live broadcast.
What Happened: Gary Black, Managing Partner of The Future Fund LLC, wrote on X, “One could have made a lot of money scooping up Netflix this morning below $815,” noting that the stock finished at $848. He emphasized that the technical glitches were “easy fixes” and suggested the impressive viewership of 60 million could signal stronger subscriber growth in the fourth quarter.
The streaming platform’s capacity to manage high-traffic live events is being closely evaluated as Netflix gears up for its next major live programming challenge: two exclusive NFL games on Christmas Day.
Full story available on Benzinga.com
Netflix Inc. (NFLX) stock rallied Monday following the streaming giant’s record-breaking boxing event featuring Mike Tyson and Jake Paul, despite technical difficulties that plagued some viewers during the live broadcast.
What Happened: Gary Black, Managing Partner of The Future Fund LLC, wrote on X, “One could have made a lot of money scooping up Netflix this morning below $815,” noting that the stock finished at $848. He emphasized that the technical glitches were “easy fixes” and suggested the impressive viewership of 60 million could signal stronger subscriber growth in the fourth quarter.
The streaming platform’s capacity to manage high-traffic live events is being closely evaluated as Netflix gears up for its next major live programming challenge: two exclusive NFL games on Christmas Day.
One could …Full story available on Benzinga.com Read Morebenzinga neuro, Entertainment, Equities, Gary Black, Kaustubh Bagalkote, News, The Future Fund LLC, Sports, Global, Markets, News, Equities, Entertainment, Sports, Global, Markets, Benzinga Markets
