Netflix misses on subscribers, but stock is up

Posted October 16, 2019 4:21 p.m. EDT

— Netflix fell short of its own expectations on Wednesday when it reported in its third quarter earnings that it added 6.8 million new subscribers. That is just tick under the 7 million that the company was projecting.

Netflix now has 158.3 million subscribers globally. The company's stock went up 10% in after hours trading.

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