Netflix gains 73% over three days on earnings
SAN FRANCISCO (MarketWatch) — Shares of Netflix Inc. soared 73% over three days to close out the week at 9.56 after it reported better-than-expected earnings. A bulk of the rally occured on Thursday with the stock jumping 42%. After Wednesday’s closing bell, the video-steaming company said it earned million, or 13 cents a share. Analysts had forecast Netflix to lose 12 cents a share.
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