On Wednesday, Shares of Netflix, Inc. (NASDAQ:NFLX) gained 1.51% to $129.41. The share price is trading in a range of $126.55 – 130.17. The stock exchanged hands with 7.84 million shares contrast to its average daily volume of 6.17 million shares.
Netflix Inc., the world’s leading Internet television network, recently declared its first Korean original series Love Alarm, based on the webtoon by Kye Young Chon, one of Korea’s most popular comic authors known for her unique take on the romance genre.
This 12-episode series will be produced by Jaemoon Lee from the newly-formed production company, Hidden Sequence. Lee was formerly involved in several award-winning Korean drama series counting Signal and An Incomplete Life, both of which have a passionate following by K-drama fans around the world.
Love Alarm already has a big and rabid fanbase and it is one of the most popular webtoon series in Korea. The story revolves around an unknown developer releasing an app that will tell the user if someone within 10 meters has romantic feelings for them, which greatly disrupts society.
“We want Love Alarm, the TV series, to exhibit the liveliness and expression of emotions, with visual treatments that will reflect Ms. Chon’s vision when she created the story,” said Jaemoon Lee, Hidden Sequence.
“It is an honor for Netflix to collaborate with a great storyteller like Ms. Chon and a visionary producer like Mr. Lee for our very first Korean original production. Working together, we look forward to transforming this wildly imaginative story into a top-quality drama series for over 86 million Netflix members around the world,” said Erik Barmack, VP of International Originals, Netflix.
Love Alarm will premiere exclusively on Netflix in 2018 to its members in over 190 countries.
Netflix, Inc. (NASDAQ:NFLX) have shown a low EPS growth of -7.90% in the last 5 years and has earnings growth of 74.70% yoy. Analysts have a mean recommendation of 2.40 on this stock (A rating of less than 2 means buy, “hold” within the 3 range, “sell” within the 4 range, and “strong sell” within the 5 range). The stock appeared 0.09% below its 52-week highs and is up 3.04% for the last five trades.
Shares of AGNC Investment Corp (NASDAQ:AGNC) inclined 1.78% to $18.90. The share price of the stock surged 9% for the year.
Analysts give AGNC a mean recommendation of 2.90. The company has dropped -0.79% in past 3 months and in the last five trades has moved up 4.48%. The stock has earnings growth of 182.70% yoy and showed a low EPS growth of -41.60% over the past five years. The stock’s price moved up its 200-day moving average of $19.15. The stock is presently trading up its SMA-50 of $18.42.