Netflix On Track For Record Close

By Trey WilliamsMarketWatch Pulse

Netflix Inc. stock is on its way toward a record close. Shares of Netflix were up 3.3% in early trade on Monday, trading at as much as $703.56. Neflix's previous record close was $681.19, and its intraday high was $706.24, according to FactSet. The company reached both of those in June. Netflix shares have more than doubled in the year-to-date, up 106%, while the S&P, which is up 1.8% in the year. Netflix will report its 2015 second-quarter earnings on Wednesday after the bell.

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