The latest Netflix stock price action indicates strong resistance around $640, with trading volumes trending above the 30-day average. Market watchers cite renewed investor confidence in streaming ad tiers as a significant driver for the short-term rally. Cheryl Makin is an award-winning feature, news and education reporter for MyCentralJersey.com , part of the USA Today Network. To get unlimited access, please subscribe or activate your digital account today. Musk's campaign comes as the streamer prepares to report third quarter earnings later this month. Since the company no longer discloses subscriber numbers on a quarterly basis, the short-term impact of any boycott may be difficult to quantify. Netflix stock price reversed early session losses on June 10, closing higher after a key analyst reiterated a “buy” rating, citing competitive advantages in content personalization algorithms.
