Shares of Netflix (NASDAQ: NFLX) charged sharply higher on Wednesday, surging as much as 15.9%. Much to the delight of shareholders, Netflix reported that its subscriber growth turned positive in the third quarter, after two consecutive quarters of declines. "Thank God, we're done with shrinking quarters," said co-founder and co-CEO Reed Hastings on the earnings webcast to discuss the results. Read More...
Shares of Netflix (NASDAQ: NFLX) charged sharply higher on Wednesday, surging as much as 15.9%. Much to the delight of shareholders, Netflix reported that its subscriber growth turned positive in the third quarter, after two consecutive quarters of declines. “Thank God, we’re done with shrinking quarters,” said co-founder and co-CEO Reed Hastings on the earnings webcast to discuss the results.
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