On the heels of reporting a a whopper fourth quarter, Netflix shares hit a 52-week high of $211 in this morning's trading.
Netflix shares today jumped more than 15 percent to hit $211.30 after closing at $183.03 yesterday following its quarterly earnings report. Wall Street is obviously thrilled with the 3 million new subscribers that Netflix reported adding in the quarter ending December 31. The total number of Netflix subscribers stands now at more than 20 million.
The report released yesterday showed that the company blew past the street's profit expectations. The consensus among analysts was … Read more