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Netflix, Inc. (NFLX) Destroys Expectations, Stock Soars

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Netflix, Inc. (NFLX) Destroys Expectations, Stock SoarsNetflix, Inc. (Nasdaq: NFLX) stock catapulted 9 percent higher in after-hours trading on Monday after a blowout fourth-quarter earnings report that showed dramatically more subscriber additions than Wall Street expected. Netflix also surpassed the $100 billion valuation mark in after-hours trading.