Netflix Stock Leaps Up 13%
Wochit Business
2021-01-20
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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.
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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