Netflix Stock Has a Lot to Prove on Monday Afternoon

Netflix Stock Has a Lot to Prove on Monday Afternoon

There's a lot of positive momentum as Netflix (NASDAQ: NFLX) barrels toward Monday's pivotal quarterly report. The premium streaming juggernaut hit another all-time high on Friday, topping $200 for the first time on an intraday basis. 

The stock has soared 23% since the company posted its second-quarter financials three months ago, and that's the kind of helium that results in lofty expectations for the upcoming report. Netflix stock is on fire, and it's going to need another blowout performance to keep it that way.

Image source: Netflix.

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Source: Fool.com