Premium: Netflix quarterlies released, justifies stock’s recent outperformance

Two years ago, Netflix was added to the BizNews Share portfolio. Since then the stock has risen 143%. A third of the gain was in the last three months ($500 to $630) so we weren't alone in eagerly anticipating the release of last night's quarterly results.

Investors have a tendency to overplay expectations about good news – but in this case, the Netflix share price was solid. Investors were happy with the 4.4m net subscriber additions (vs forecast 3.5m) and forecast that will double in the next three months. In post market trade the stock settled back to pre-announcement levels. After the recent run, that's a good sign.

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