Netflix Rises as 2018 FAANG Leader Closes out Year With a Rally

Netflix Rises as 2018 FAANG Leader Closes out Year With a Rally
Facebook, Amazon, Netflix and Google logos are seen in this combination photo from Reuters files. Reuters/File Photo
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Netflix Inc. rallied on Dec. 31, with the year’s best-performing FAANG stock on track to close out 2018 on a positive note.

Shares gained as much as 5.5 percent in their fourth-straight daily advance, a period over which they have risen more than 14 percent. The S&P 500 is up about 6 percent over the same period.