Why Netflix Looks Set to Surge Past Guidance Again

Why Netflix Looks Set to Surge Past Guidance Again

Netflix (NASDAQ: NFLX) is set to report second-quarter earnings on July 16, and the news could lift the streaming platform's per-share price even further past the all-time high it just hit above $500. Also, churn plays a role in Netflix's net additions, and defections have likely fallen during the crisis as there are few other entertainment outlets available.