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Communications Services Up Ahead Of Netflix Earnings -- Communications Services Roundup

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07/10/2020 | 05:40pm EDT

Communications services companies rose ahead of Netflix's hotly anticipated earnings report due next week.

Shares of Netflix, one of the biggest gainers on the stock market this year rose by a further 8% Friday to close near $550, almost double its midMarch lows.

A number of popular apps such as Spotify and Tinder experienced outages for several hours on Friday because of what Facebook said was a bug in its software for iPhone users.

 

Write to Rob Curran at rob.curran@dowjones.com

Stocks mentioned in the article
ChangeLast1st jan.
APPLE INC. 1.45% 450.91 Delayed Quote.51.35%
FACEBOOK -2.03% 263 Delayed Quote.30.79%
NETFLIX, INC. -2.29% 483.38 Delayed Quote.52.90%
SPOTIFY TECHNOLOGY S.A. -1.24% 248.99 Delayed Quote.68.59%
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