Netflix Stock Up 7% on Takeover Chatter

Netflix (NASDAQ:NFLX) is spiking hard on market rumors of Amazon (NASDAQ:AMZN) or Verizon (NYSE:VZ) might be interested in the company. This sounds more like hedge funds trying to manipulate the stock more than anything.

Here’s how all three alleged players are trading on the rumors:

Netflix, Inc. (NASDAQ:NFLX): NFLX shares recently traded at $75.76, up $4.87, or 6.87%. They have traded in a 52-week range of $62.37 to $304.79. Volume today was 8,099,652 shares versus a 3-month average volume of 10,240,500 shares. The company’s trailing P/E is 17.22, while trailing earnings are $4.40 per share. Get the most recent company news and stock data here >>

Amazon.com Inc. (NASDAQ:AMZN): AMZN shares recently traded at $189.12, down $3.91, or 2.03%. They have traded in a 52-week range of $160.59 to $246.71. Volume today was 2,214,210 shares versus a 3-month average volume of 7,052,670 shares. The company’s trailing P/E is 99.69, while trailing earnings are $1.90 per share. Get the most recent company news and stock data here >>

Verizon Communications Inc. (NYSE:VZ): VZ shares recently traded at $38.05, down $0.38, or 0.99%. They have traded in a 52-week range of $32.28 to $38.95. Volume today was 5,666,289 shares versus a 3-month average volume of 15,583,100 shares. The company’s trailing P/E is 15.30, while trailing earnings are $2.49 per share. Get the most recent company news and stock data here >>