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Netflix is rallying after winning 23 Emmys

Sep 18, 2018, 21:07 IST

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  • Netflix won 23 Emmys, including Claire Foy taking home lead actress in a drama series for her role as Queen Elizabeth II in "The Crown."
  • Shares of the streaming giant are up 2.67% on Tuesday.
  • Watch Netflix trade in real time here.

Netflix had a big night Monday at the 70th Annual Primetime Emmy Awards, taking home 23 awards to tie HBO for the lead. The strong showing has shares of the streaming giant up 2.67% on Tuesday.

Netflix won in multiple acting categories, for shows including "The Crown," "Godless," and "Seven Seconds."

Despite being one of the hottest stocks this year, shares have been under pressure since topping out at $423.21 in late June. Netflix reported subscribers additions that fell well short of expectations in its second quarter. The company added 5.1 million subscribers globally versus the expected 6.3 million.

Netflix shares were up 78.56% this year.

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