Technology

NFLX: Netflix Stock is Hot as New Customers Stream Movies

All of a sudden, Netflix (NFLX on the Nasdaq) is a hot stock again, the company reporting it now has won over almost as many customers as it lost in 2011 when it jacked up its prices and tried to make a rocky transition from DVD movies to streamed video on demand. Netflix? A success story again? Who'd have guessed? Not many on Wall Street, apparently. Netflix stock climbed more than 20 percent today from Wednesday's close. After the bell the company reported it made $40.7 million, or 73...Full Story
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