Netflix (NASDAQ:NFLX) holds up as Hastings sale comes in small vs. volume
Netflix, Inc. stood out for bulls on Wednesday, climbing 3.91% to $74.19. The move bucked a rough day for big tech: Nasdaq Composite lost 0.66%, Nasdaq 100 slipped 1.54%. Volume was 43.73 million shares, about 106% of the 65-day average. Netflix last traded at $74.245 in after-hours as of 7:01 p.m. EDT. The spread stands out as Netflix surged without help from a wider tech rally. MarketWatch data had the Nasdaq 100 off 1.54%, the S&P 500 down 0.22%, and the media and entertainment peer group losing 1.59%. Netflix was up nearly 4%.