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Netflix Stock Leaps Up 13%

Video Credit: Wochit News - Duration: 00:29s - Published
Netflix Stock Leaps Up 13%

Netflix Stock Leaps Up 13%

On Wednesday, Netflix stock surged as much as 15%.

Business Insider reports that the company's fourth-quarter earnings beat forecasts.

The video-streaming service added a record 37 million paid subscribers in 2020.

Netflix expects to generate enough cash to end its borrowing spree and potentially fund share buybacks.


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