Wednesday, May 22nd 02:17 PM IST

Netflix has a good hand with 'House of Cards', shares soar 24 percent

Apr 23, 2013    

Netflix Inc impressed investors with solid subscriber growth and better-than-expected profits in the first quarter, sending shares of the video subscription service soaring 24 percent higher in after-hours trade.A big push into original shows, a strategy aimed at hooking new customers with content they can't get anywhere else, seems to be working, with its February release of the series House of ...

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