Netflix Jumps After Market Rally Breaks Key Levels, Stocks Rise Despite Losing Week

January 20, 2023

Stocks rose on Friday, with the Nasdaq jumping more than 1%, but the market is still on track for a losing week. Dow Jones Futures saw Netflix jump on subscriber news, while Google announced it was slashing 12000 jobs after the market rally broke key levels.

In after hours trading, stocks such as Netflix, Nordstrom, and Bed Bath & Beyond saw movement. Pre-market stocks making the biggest moves included Netflix, Alphabet, Nordstrom, PagerDuty, and more.

For the second day, US equities declined. Investors are now looking to Netflix’s earnings report, which is due to be released next.

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