Reported about 13 hours ago
Netflix shares are experiencing their largest weekly gain since January, following the successful livestream of the boxing match between Mike Tyson and Jake Paul, which attracted 108 million viewers. The stock has risen over 9% for the week and various brokerages have raised their price targets, reflecting optimism about Netflix's live events strategy. Analysts suggest that the company's ability to draw a global audience with live sporting events and its advertising potential will continue to drive growth.
Source: YAHOO