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Netflix Soars 18%: Targets Jump, Bears Remain Unconvinced

Shares of Netflix (NFLX) are up $18.04, or 18%, at $117.84, holding on to most of last night’s after-hours gains, after the company reported Q3 revenue and profit that topped expectations and blew away its own forecast and and Street expectations with the addition of 3.6 million subscribers.  During a video interview with two analysts following the quarter, CEO Reed Hastings and his deputies, David Wells and Ted Sarandos, discussed programming choices, pricing, and the rates of growth.
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