Netflix stock hits record $711.15 in morning trade

Netflix Inc. stock reached a new intraday high of $711.15 during mid-morning trade on Monday. The stock was trading up 4.4% ahead of the company’s 2015 second-quarter earnings report on Wednesday and a 7-for-1 stock split the same day. The stock has more than doubled in the year-to-date, up 108%. If it holds these levels, Netflix is on track to beat its previous record close of $681.19.

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