Trader Radar - Thursday Feb. 28th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. Late fees and pay-per movie rates are a thing of the past because of this company - it offers its customers rentals by mail at a flat monthly rate - without having to set foot in a store. And with 90,000 titles to choose from, it makes sure that ‘there always is a movie waiting for you at home’. Who is it?
A: On the trader radar tonight we’re watching Netflix . Shares surged and were among the most actively traded on the Nasdaq today.