Shares of Hollywood stay-at-home streaming stocks keep rising as Americans get their TV fixes online amid the coronavirus pandemic.
Netflix on Tuesday hit a new 52-week high at $417.82, before ending the day up $16.83, or 4.2 percent, to $413.55, as investors reward the streaming platform for becoming virtually essential TV viewing for consumers cooped up in their homes.
Shares in Amazon also reached a new 52-week high after rising earlier in the day to $2,292.00. The stock then settled back down at the close to $2,283.32, after climbing 5.2 percent, or $114.45 on the day.