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Netflix On The Rebound

Netflix, Inc. NFLX 2.76% shares are trading higher by $2.46 at $94.95 in Monday's session. There is no significant fundamental news to account for the rally,

It has traded higher in five of the last seven trading sessions since it bottomed on May 12 at $85.72 and rebounded to the end the session at $87.74.

It has climbed into the $95 handle, so far reaching $95.29 before returning to the $95 area. That marks the first time above $95 since April 25 when it peaked at $95.75.

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