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July 17, 2017

Netflix’s subscribers are surging as it blows away Wall Street’s expectations

Reed Hastings For the second quarter in a row, Netflix has handily beaten industry watchers — and its own expectations — in adding a mountain of additional new subscribers. Netflix today said it added 5.2 million additional new subscribers this quarter, a number well above the 3.2 million new subscriber additions that it set itself — and the stock promptly jumped nearly 9 percent. Read More

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