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Netflix Stock Leaps Up 13%
Video Credit: Wochit News
Published on January 20, 2021 - Duration: 00:29s
Netflix Stock Leaps Up 13%
On Wednesday, Netflix stock surged as much as 15%.
Business Insider reports that the company's fourth-quarter earnings beat forecasts.
The video-streaming service added a record 37 million paid subscribers in 2020.
Netflix expects to generate enough cash to end its borrowing spree and potentially fund share buybacks.
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