Netflix Q3 Earnings Surprise Bolsters Internet ETFs
October 18, 2016 at 13:56 PM EDT
Internet exchange traded funds popped Tuesday on better-than-expected third quarter results from Netflix (NasdaqGS: NFLX) that surpassed speculation of a slowdown in net subscriber growth. NFLX surged 19.4% Tuesday as international subscriber growth outpaced guidance and the company revealed a...