Netflix (NFLX) shares closed 13% higher on Wednesday following the company’s huge third-quarter earnings report. The platform delivered a beat on both the top and bottom lines, in addition to 2.41 million net subscriber additions — crushing estimates of 1 million.
“This company is clearly back on track,” Geetha Ranganathan, senior media analyst at Bloomberg Intelligence, told Yahoo Finance Live as analysts begin to separate themselves into optimistic and not so optimistic buckets.
Following…
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