Why Netflix Is Soaring More Than Ever Before

By Austin Smith – Jan 24, 2013 at 5:30PM

NASDAQ: AMZN

Amazon

Market Cap

$1,497B

Today's Change

(-1.49%) -$2.19

Current Price

$144.84

Price as of December 4, 2023, 4:00 p.m. ET

This is what's behind Netflix's explosion today.

Shares of Netflix (NFLX -2.54%) are up 40% today on news of the company's $0.13 per share earnings beat. Analysts had been expecting a loss. In this video, Motley Fool analyst Austin Smith sifts through all the tumultuous ups and downs of this stock recently, takes investors through the Netflix narrative, and tells us why he's bullish on the company for the long run.

Austin Smith owns shares of Apple. The Motley Fool recommends Amazon.com, Apple, Netflix, and Walt Disney. The Motley Fool owns shares of Amazon.com, Apple, Microsoft, Netflix, and Walt Disney. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.