Netflix Stock Repricing Overdone
January 24, 2013 at 08:08 AM EST
Netflix (NFLX) stock is soaring this morning, up 36% ($37) to $140 per share in pre-market trading. The company’s fourth quarter financial results were above expectations, but at first glance do not appear to warrant a 36% stock price increase. Revenue rose 7.9% year-over-year, leading to a very small quarterly profit of 13 cents per [...] Related Posts: More on Netflix’s Valuation and How the CEO… Sticking To Your Convictions As A Value Investor Is Hard,… Netflix Makes New Moves to Try and Regain Momentum Numbers Behind Groupon’s Business Warrant Caution… Coinstar Shares Look Very Cheap After Guiding Down Earnings…