Today Netflix is trading at $439.17 (+2.91%). Netflix surged to record highs, with sweeping stay-at-home orders driving demand for online streaming services and home delivery of goods. But trading was choppy during the day as investors worried about the impact of the coronavirus pandemic on first-quarter earnings. First-quarter earnings kicked off this week, with U.S. banks preparing for a wave of future loan defaults following a halt in business activity.
Netflix will pull back the curtain and lay any questions to rest when the company reports the financial results of its first-quarter after the market closes on Tuesday, April 21.