Netflix Stock Soars After Global Expansion

Netflix Stock Soars After Global Expansion

Netflix is a big name in domestic streaming media providers. They recently increased their footprint to include a large international market spanning 130 countries. The latest quarterly results show an impressive gain for the company. Netflix added 3.2 Million international subscribers and 370,000 domestic subscribers during the previous quarter, which ended in September. This far exceeds the forecast of 300,000 in the US and 2 Million abroad. Needless to say, Netflix stock is a hot commodity right now.

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avatar KALE: A geek who works in the IT Security field and lives in Dallas, TX. He is also a music geek who has played in several local bands. Previous to his IT career, Kale worked as a photojournalist. He brings technical advice and artistic counterpoint to the podcast.