Tag: price increase
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This is Why Netflix Exploded in After Hours
Netflix (NFLX) just exploded higher. After falling from about $460 to $346.19, the stock is heading higher in after hours. All thanks to strong earnings, and price hikes. In its third quarter, the company posted EPS of $3.73, which beat estimates for $3.49. Revenue met expectations at $8.54 billion. Better, paid subscriptions were up to…