Here are the relevant news:
1. Hollywood studios and negotiators for Hollywood actors on strike will hold talks on Oct.1 2, both sides announced in a joint statement on Wednesday, in the first such meeting in months.1 The SAG-AFTRA actors union, Hollywood's largest with 160,000 members, walked off the job in July asking for higher pay and for curbs on the use of artificial intelligence (AI) in entertainment, demands similar to Hollywood writers.1
2. Netflix's turnover on 9/27 was $1452.58 million, ranking 18 in today's market.2 The Volume is 3.84 million. Netflix shares closed at $377.59, down 0.44% on 9/27/2023, down 2.25% in the last 5 trading days, down 12.93% this month, up 28.05% year-to-date and up 53.99% in the last 52 weeks.2
3. Netflix stock outperforms competitors despite losses on the day.3
4. Boeing Co. (BA) saw noteworthy options trading volume today, with a total of 103,721 contracts traded so far, representing approximately 10.4 million underlying shares.4 That amounts to about 246.2% of BA's average daily trading volume over the past month.4
5. Netflix Inc has weathered the recent writers' strike and is positioning itself for renewed growth and recovery.