Netflix (NFLX) jumps on upgrade, deals
Posted on January 18, 2013 at 10:23 AM EST
Normal 0 false false false MicrosoftInternetExplorer4 Netflix Inc. (NASDAQ: NFLX) shares rose 3.3% to $100.91 after Janney Capital upgraded the firm to buy from neutral, saying its recent deal with Walt Disney Co. and potential for a deal with Sony could help improve the company’s fundamentals. Share volume was 1.4 million, compared to an all-day average of 4.4 million /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}