NFLX is trading at $98.64, up 3.2% from its April 1 close of $95.55, as markets recover from earlier geopolitical volatility and energy shock concerns.
- The stock is moving in tandem with a broader tech sector rally following Federal Reserve Chair Powell's reassuring comments regarding temporary inflation pressures.
- Investor sentiment is further bolstered by signals of U.S.-Iran de-escalation and the positive momentum from the company's March 26 price increase announcement.