Netflix Inc., the top stock in the Standard & Poor’s 500 this year, soared to a record high after reporting 65.6 million new subscribers to its Internet TV service in the second quarter.
Netflix climbed 18 percent to $115.81 at the close in New York following the second-quarter results. That matched the gain recorded three months ago, when the company also reported better-than-expected new user data.
The subscriber results released Wednesday by Los Gatos, California-based Netflix highlight its progress building the first global Internet TV channel, fueled by new shows such as “Daredevil” and “Sense8.” At the same time, profit ...
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