Why Netflix, Inc. Shares Rose 22% in July

Shares of Netflix (NASDAQ: NFLX) gained 21.6% in July 2017, according to data from S&P Global Market Intelligence.

The digital video giant had a lot to prove in July's second-quarter report. Share prices had already gained 30% year to date as the reporting date rolled in, setting the bar high in terms of investor expectations.

The company delivered in spades and Netflix shares rose more than 13% the next day.

Source: Fool.com