BUZZ-Retail investors bet on Netflix with record one-day buying after stumble
Netflix
Netflix NFLX | 0.00 |
** Retail investors bought $152.2 million worth of NFLX shares on Friday - the highest single-day buying - after the streaming pioneer's stock tumbled, Vanda Research data
** NFLX shares closed down 9.7% after hitting a session low of about 12% on Friday following a tepid forecast and the surprise exit of co-founder and Chairman Reed Hastings
** Shares inch higher to $97.4 in premarket trading on Monday
** 41 of the 53 analysts covering the stock rate it "buy" or higher, rest "hold"; median PT is $115
** As of last close, NFLX shares up 3.8% YTD, compared with a 4.1% gain in the broader S&P 500 .SPX
