netflix inc nflx shares are trading higher by 249 to 43452 during tuesdays session the stock may be trading higher in sympathy with the broader market following a softerthanexpected cpi report which showed slowing inflation in may a lower cpi suggests that inflationary pressures on consumer prices are relatively subdued this can enhance consumers purchasing power and affordability making it more feasible for individuals to allocate funds towards streaming services like netflix as the cost of living remains stable consumers may be more willing to subscribe to or retain their netflix memberships in may inflation exhibited a greater deceleration than anticipated leading investors to grow more optimistic about the potential conclusion of federal reserve rate increases according to data released by the bureau of labor statistics on tuesday the us consumer price index cpi recorded a 4 yearonyear increase in may compared to 49 in april this figure slightly undershot the average economist expectation of 41 and represents the lowest inflation reading since march 2021read more according to data from benzinga pro nflx has a 52week high of 43634 and a 52week low of 16428