Max Chen / ETF Trends
Communication Services ETFs Strengthen as Netflix Adopts Ad-Supported Services – Communication services and media sector-related exchange traded funds are strengthening Friday as Netflix (NasdaqGS: NFLX) shares rallied, following the online streamers partnership with Microsoft (NasdaqGS: MSFT) for lower-priced, ad-supported services. On Friday, the Vanguard Communication Services (VOX) rose 2.2% and the Invesco Dynamic Media ETF (PBS) increased 3.0%. Meanwhile, Netflix …
