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Netflix Stock Surges 37 Percent After Incredible Quarter

Netflix stock is on its way to its biggest one-day gain since the video subscription service went public more than a decade ago. The stock had climbed $38.40, or 37 percent, to $141.66 in early afternoon trading Thursday as investors celebrated a fourth-quarter earnings report that Netflix Inc. released late Wednesday. Earlier in the session, the shares hit a new 52-week high of $149.17.

Netflix lowers subscriber forecast, shares fall

Netflix Inc. lowered its expectations for U.S. subscribers for the third quarter by 4 percent on Thursday, just weeks after separating its DVD and streaming services, which increased...

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