Quick Read Netflix surged 4%, trimming its 14% year-to-date loss, after co-founding a coalition targeting the antitrust exemption that locks it out of live sports bidding. Amazon slipped 0.7% and Alphabet gained 3%, both lagging Netflix sharply since cloud, retail, and search revenues dwarf any sports rights policy upside. Read More: Learn 7 secret wealth tips high net worth investors use that most investors miss (sponsor) Shares of Netflix (NASDAQ:NFLX) are climbing Monday afternoon after the streaming giant helped launch a new policy coalition focused on how digital platforms compete for live entertainment and sports rights. Netflix stock is up 4% to $80.78, outpacing its sector benchmark by a comfortable margin.
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