Netflix rises even as PhillipCapital downgrades, citing recent run-up in stock

Entertainment Industry Workers Vote To Strike, Threatening Hollywood Productions

Mario Tama

Netflix (NASDAQ:NFLX) shares rose fractionally in premarket trading on Thursday even as investment firm PhillipCapital downgraded the streaming giant, citing the recent run-up in the stock.

Analyst Jonathan Woo lowered his rating on Netflix (NFLX) to

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