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Netflix misses on subscribers, but stock is up

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.

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By
Frank Pallotta
, CNN Business
CNN — 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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