Netflix has doubled in value this year NFLX

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Netflix's value has more than doubled in 2018.

It's been surging all year, driven by impressive earnings reports.

Watch Netflix trade in real time here.

Netflix's value has double for the year, having appreciated 103.05 between December 29 — the last trading day of 2017 — and Thursday.

The stock is a beloved by Wall Street, but there is a widespread belief that its fundamentals are starting to round into form. Shares rallied to what was a new all-time high of 383.49 Wednesday with the help of Wednesday's bullish Goldman Sachs note.See the rest of the story at Business InsiderNOW WATCH: This top economist has a radical plan to change the way Americans voteSee Also:Share your opinion Become a BI Insider todaySobering photos show a Texas detention center for immigrant children where a mural of Trump is painted on a wallThe 30 rudest cities in America, where manners are basically a foreign conceptSEE ALSO: DOJ watchdog reportedly finds Comey 'deviated' from FBI norms and usurped the attorney general's authority during the Clinton probe