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Netflix

Tech Five: Shares of Netflix rising

Brett Molina
USA TODAY

It has been a turbulent week for owners of Netflix shares. After the streaming media giant's stock topped $122 on August 19, its price has endured a roller-coaster ride on Wall Street. Let's take a look at stocks to watch Wednesday:

According to reports in April, Netflix has announced that it has topped 60 million subscribers, exceeding expectations.

Netflix. Shares jumped more than 5% in pre-market trading, recovering after two days of steep drops. Following the close of the markets August 19, shares of Netflix plunged to $96.88 over the next three trading sessions. Currently, Netflix is trading above $100.

GrubHub. A Barclay's stock downgrade to "equal weight" -- reports CNBC -- is apparently having little effect on shares of the online food delivery service. They're up 1.2% in morning trading.

Google. The company-owned video service YouTube is expected to launch its Gaming hub Wednesday. Announced in June, the new app and website will feature pages devoted to more than 25,000 video games as well as a revamped live stream experience to compete with services like Twitch.

Amazon. The tech giant expanded its Prime Now delivery service in its backyard of Seattle. From 8 a.m. to midnight any day of the week, users can order items like alcohol and have it delivered to their home in as little as one hour. Amazon first launched Prime Now in New York in December.

Verizon. The wireless carrier is launching a connected car services aimed at older vehicles. According to Re/code, the service is called Hum, and will include features such as roadside assistance and car diagnostics.

Follow Brett Molina on Twitter: @brettmolina23.

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