Monday, October 17, 2016
Netflix shakes off weak subscriber growth and its stock is skyrocketing
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{rss:content:encoded} Netflix shakes off weak subscriber growth and its stock is skyrocketing http://ift.tt/2edX4Nf http://ift.tt/29zJPpd October 17, 2016 at 10:10PM Netflix is finally breaking off from its slowing subscriber growth trend as it posted a huge quarter that beat both its own, and Wall Street’s, expectations. Here’s the money chart: Shares of Netflix are absolutely blowing up, now up more than 20% in extended trading after the earnings report came out. With today’s crazy jump in its stock, the company added nearly $10 billion… Read More
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