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Netflix Returns to Growth, Shares Spike: ETFs to Tap - Yahoo Finance

Netflix NFLX spread optimism after reporting solid third-quarter 2022 results after the closing bell on Tuesday. After two straight quarters of subscriber losses, the world's largest video streaming company returned to growth, which marks a major turnaround that has been plagued by declining growth during the past year. Also, the company outpaced the estimate on both the top and bottom lines.As such, shares of Netflix climbed as much as 16% in after-hours trading. Investors could easily tap the strength through ETFs with the largest allocation to this streaming giant. These funds —MicroSectors FANG+ ETN FNGS, First Trust S-Network Streaming and Gaming ETF BNGE, ProShares On-Demand ETF OND, Global X Cloud Computing ETF CLOU and Invesco Dynamic Media ...

Yahoo     Dec 07, 2022