Netflix's New All-Time High

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Netflix, Inc.NFLX
shares were trading higher by $1.00 at $132.81 in Friday's session. Along with many of the broad indexes, the issue has made a new all-time high. Earlier in the session, it made a new all-time high at $133.88, surpassing its former high that was made in December 2015 at $133.27.

After a flat open, it declined to $129.81 before reversing course and racing to the new high in almost a straight up fashion. In order to post a new all-time-closing high, Netflix would need to end the session above its December 4, 2015, closing price of $130.93.

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