Netflix Stocks Surge On Upbeat Earnings Data

Netflix Stocks Surge On Upbeat Earnings Data
(Undated) -- Netflix is flying high. The streaming and DVD rental company posted positive first-quarter revenue of one-point-27 billion dollars. Netflix also said it added two and-a-quarter million new subscribers and ended the first-quarter with more than 35-million domestic streaming subscribers. The news sent shares surging nine-percent.