Netflix (NFLX) Melts Higher, Up Over 4.4%

January 4, 2012 12:36 PM EST
Netflix (Nasdaq: NFLX) is continuing higher Wednesday, shares recently touching an intraday high of $75.44, up 4.4 percent on the session. The stock made just about a 5 point swing on the session, after dropping into negative territory early.

Earlier, Netflix said customers enjoyed over 2 billion hours of instant movie and TV watching in the fourth quarter. With about 20 million customers globally, that's 100 hours per customer.


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