Omnicom Group

Netflix shares surged 4.66%, adding $14.6 billion in market cap, while the Nasdaq slipped 0.80% ahead of the July 4 holiday. The rally was driven by ad-tech partnerships and anticipation of Q2 earnings.

Netflix surged 4.1% on heavy volume after a 52-week low, as investors focus on Q2 earnings due July 16. Analysts project EPS of $0.79, up 9.7% year-over-year.

Netflix shares jumped 5.9% to $75.10, recovering from a 20-month low, but remain well below the $115.82 average analyst target, leaving a $175 billion valuation gap. Q2 earnings on July 16 will be key.

Omnicom shares retreated slightly in premarket trading Friday, giving back a fraction of the previous session's 15% surge driven by a new $5 billion stock repurchase authorization. The advertising giant reported mixed fourth-quarter results, with revenue topping estimates but adjusted earnings per share falling short.

Omnicom Group's stock fell over 5% after hours as the company consolidated its PR agencies ahead of its Q4 earnings report next week.