And netflix rises. Told you lawsuit didn't matter....people were canceling their accounts in September and some thought the stock was going down https://www.businessinsider.com/netflix-cuties-texas-grand-jury-charges-2020-10
The market likes to save up news until it sees weakness. Plenty of bad news can show up, and stock will rally because marketing is rally. Once it starts a correction, these headlines will resurface saying how damaging it was for months when the stock went up. Again this is more of a 5 month speculation, we'll see how Netflix falls further than the market when it does decline like it did in Oct - Dec 2018.