Monday, April 22, 2013

Netflix (NFLX) streaming growth

Netflix (NFLX) shares surged today as an earnings report came in announcing strong first quarter profits. This is attributed to more and more subscribers and it's original content such as House of Cards, Hemlock Grove, and the soon to be revived Arrested Development. The company also announced a new plan to allow streaming up to four videos on an account, up from the current two.