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January 6, 2016 08:51 pm GMT

Netflix Shares Spike 9% As It Moves Into 130 New Countries

netflix-earnings1Netflix shareholders seem to be in a good mood today — no doubt thanks to the company saying it will launch in 130 new countries. Shares of Netflix spiked immediately after CEO Reed Hastings made the surprise announcement at CES 2016 today, and have continued to climb. Shares are up around 9 percent right now and continuing to climb, clearly showing a lot of confidence in the company… Read More

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/zsr_mtkMEVc/

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