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Netflix Shares Shoot Up On Stronger Than Expected Earnings Report

As quick as an instant streaming download, Netflix shares skyrocketed more than 16% to $388 in after hours trading — circling a high for the year — on the news the the video stream... More As quick as an instant streaming download, Netflix shares skyrocketed more than 16% to $388 in after hours trading — circling a high for the year — on the news the the video streaming phenomenon beat earnings expectations. The company reported full year net income of $112.4 million, crushing the Street’s call for $103.4 million. Earnings per share were $1.85, also well ahead of the Wall Street consensus estimate. Less

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