Netflix soars to record in intraday trade after results

Shares of Netflix Inc. soared on Tuesday, with the video-streaming company advancing to an all-time intraday high a day after it reported blowout quarterly results. The stock
NFLX, +9.72%
jumped 9.7% and hit an intraday record of $337.89. The gain is merely the latest leg up for the stock, which is up more than 75% thus far this year, and which has more than doubled over the past 12 months. The stock was heavily traded, with more than 21 million shares exchanging hands, well above its 30-day average of 12.6 million. Netflix was one of the biggest boosts to the consumer-discretionary sector, which rose 1.7%, as well as the biggest percentage gainer among S&P 500 sectors by far. The Dow Jones Industrial Average
DJIA, +0.82%
rose 1% while the S&P 500
SPX, +0.95%
was up 1.1% and the Nasdaq Composite Index
COMP, +1.63%
gained 1.7%.

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