Comment on Netflix stock is skyrocketing after it added record subscribers this quarter

Netflix stock is skyrocketing after it added record subscribers this quarter

Blockbuster Video may be dead (RIP), but Netflix is most definitely alive. Its earnings report just went live, and the video streaming company added 5.3 million subscribers over the last three months–exceeding analyst expectations. That number included 850,000 subscribers in the U.S. and 4.45 million abroad. Membership growth, says the company, rose 49% year-over-year.

 

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