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International Business Times
International Business Times
Business
Daniel Lee

Netflix Stock Closes Higher as Investors Cheer Deal Discipline and Organic Growth Focus

Netflix Inc. (NASDAQ: NFLX) shares closed at $99.17 on Thursday, March 5, 2026, up $0.51 or 0.52% from the previous session, according to data from Yahoo Finance, Bloomberg and other financial platforms. The streaming giant opened at $98.50, reached an intraday high of $100.19 and dipped to a low of $98.10, with trading volume exceeding 53 million shares — solid participation amid a broader market pullback driven by Middle East tensions and surging oil prices.

The modest gain extended Netflix's recent rally, with the stock up roughly 15.3% in February 2026 and continuing positive momentum into March. Year-to-date performance remains mixed: NFLX has climbed from February lows near $75 but trades well below its 2025 peak of $133.91 (June 30, 2025) and 52-week high of $134.12. Market capitalization hovered around $418 billion to $420 billion, reflecting about 4.2 billion shares outstanding post any adjustments.

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