$ANGX

Angel Studios, Inc.

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Why Did Angel Studios Stock Surge 13% Today?

Angel Studios' (ANGX) stock surged over 13% in premarket trading due to an online campaign against Netflix (NFLX), sparked by resurfaced comments from a Netflix show creator and amplified by influencers like Elon Musk. The campaign encouraged users to cancel Netflix subscriptions, driving interest towards Angel Studios, a film and TV distribution company that relies on member input for project selection. Angel Studios recently completed a business combination and its shares began trading on the NYSE on September 11, though the stock had lost over 40% of its value prior to this surge.

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