Netflix Stock Leaps On Q2 Global Subscriber Gains

By | July 15, 2015

Scalper1 News

Netflix delivered better-than-expected subscriber growth and profit for the June quarter, sending its shares into record-high territory late Wednesday. Netflix (NFLX) stock, which split 7-for-1 late Tuesday, jumped 10.8% in after-hours trading Wednesday. During the regular session, Netflix fell 2.4% to 97.98. Shares hit a split-adjusted peak of 102.34 on Monday. For the second quarter, Netflix earned 6 cents a share, down from 16 Scalper1 News

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