Wall Street gushes over Netflix, says it has reached ‘escape velocity’

Wall Street gushes over Netflix, says it has reached ‘escape velocity’

7 years ago
Anonymous $ZOEEBQ1zf0

https://www.cnbc.com/2017/10/17/wall-street-gushes-over-netflix.html

Netflix crushed Wall Street forecasts again, adding 5.3 million subscribers in the third quarter compared with expectations for 4.5 million, and the gains were driven by international subscriber growth.

Analysts said shares of the video streaming giant should continue to advance even as Netflix raises prices and spends money for original movies and series.