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Netflix Stock Surges 37 Percent After Incredible Quarter

Netflix stock is on its way to its biggest one-day gain since the video subscription service went public more than a decade ago. The stock had climbed $38.40, or 37 percent, to $141.66 in early afternoon trading Thursday as investors celebrated a fourth-quarter earnings report that Netflix Inc. released late Wednesday. Earlier in the session, the shares hit a new 52-week high of $149.17.

 

Netflix lowers subscriber forecast, shares fall

Netflix lowers subscriber forecast, shares fall

Netflix Inc. lowered its expectations for U.S. subscribers for the third quarter by 4 percent on Thursday, just weeks after separating its DVD and streaming services, which increased...

 

Netflix adds Miramax movies to streaming roster

Netflix adds Miramax movies to streaming roster

Miramax has become the latest movie studio to make its movies available for streaming on Netflix's online subscription service.

 

Amazon eyes subscription Web TV service

Amazon eyes subscription Web TV service

Amazon.com Inc has approached media companies with a proposal for a subscription service that gives users unlimited access to some television shows and movies over the Internet in a bid to rival Netflix Inc, two people familiar with the talks said on Tuesday.

 

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