in

FANG Stocks Soar To New Record High As NFLX Spikes 14% (To 101x Fwd P/E)

zerohedge.com / by Tyler Durden / Jul 18, 2017 12:20 PM

As goes Netflix, so goes ‘Murica…

Nasdaq remains the only major index in the green today and there’s one big fat ugly cash-burning reasonNetflix is up 14% – tearing the faces off of every short-seller (6.2% of float short)…

And NFLX has single-handedly ripped FANG stocks to a new record high – dismissing the ‘tech wreck’ tumble completely…

READ MORE

The post FANG Stocks Soar To New Record High As NFLX Spikes 14% (To 101x Fwd P/E) appeared first on Silver For The People.

Leave a Reply

Your email address will not be published. Required fields are marked *

Behind on Bitcoin Drama? A (Short) History of Scaling

Greece Brain Drain: 33 Percent of Unemployed Looking for Jobs Abroad vs 11 Percent in 2015