Pursuits
Netflix Soars to All-Time High as Customers Top 62 Million
Netflix Subscribers Trump Income as Shares Soar
This article is for subscribers only.
Netflix Inc. soared to a record high after saying that its video-streaming service topped 62 million subscribers worldwide, as original shows such as “House of Cards” drew new viewers globally.
The stock jumped 18 percent to $562.05 at the close in New York, the biggest daily gain in almost two years, giving the Los Gatos, California-based company a market value of $34 billion, exceeding that of CBS Corp.