Netflix reverses subscriber slump, shares surge 14% – Reuters
LOS ANGELES, Oct 18 (Reuters) – Netflix Inc (NFLX.O) reversed customer losses that had hammered its stock this year and projected more growth ahead, reassuring Wall Street as it prepares to offer a new streaming option with advertising.Shares of Netflix jumped 14% in after-hours trading, boosted in part by the streaming giant's forecast that it … Read more