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Why Netflix stock is going haywire after its latest earnings report – Yahoo Finance

This is why Netflix shares are really going bonkers after the company’s latest earnings report.



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Wall Street is right to disregard a rare earnings miss from streaming king Netflix.
Netflix (NFLX) shares exploded 13% in pre-market trading on Wednesday, indicating the stock will open at a record high despite the earnings shortfall on Tuesday evening. To be sure, the report had a lot of fodder for the Netflix bulls to take on the bears roaring about the earnings miss.
The company surpassed 200 million paid subscribers for the first time, powered by a world continuing to consume large amounts of…

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