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Netflix Shares Surge Following Strong Third Quarter Earnings Report

Netflix Shares Surge Following Strong Third Quarter Earnings Report

In a remarkable display of market confidence, Netflix’s stock experienced a significant surge, closing up 11% on Friday after the streaming giant reported third-quarter earnings that exceeded Wall Street’s expectations. The company not only surpassed earnings per share (EPS) predictions but also delivered impressive revenue figures, reinforcing its position as a dominant player in the streaming industry. Analysts across the board expressed their optimism following the earnings announ...