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Technology Stocks : Netflix (NFLX) and the Streaming Wars
NFLX 107.57+1.4%12:49 PM EST

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To: i-node who wrote (287)4/22/2010 1:25:19 PM
From: TimF  Read Replies (1) of 2280
 
I haven't followed the company closely, I bookmarked the thread because I've been considering buying their service. Do you have any reasons why you think the stock is up so much?

I suppose ---

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Netflix shares hit new high on strong 1Q results
Netflix shares jump to new high as 1Q results show movie rental service's rising popularity

NEW YORK (AP) -- After another quarter of winning over more subscribers to its movie rental service, Netflix Inc. is also winning more investors.

Its stock surged $14.48, or 16.7 percent, to $101.46 in afternoon trading Thursday after hitting an all-time high of $102.49 earlier in the day. The jump came after another blowout quarter for Netflix and despite jitters from some analysts who think the stock is due for a return to earth...

finance.yahoo.com
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