Why Isn't Netflix Stock Crashing Today?

Streaming video veteran Netflix (NASDAQ: NFLX) reported third-quarter earnings Wednesday night. This stock usually soars if the company beats analyst estimates and management guidance on subscriber additions, and it's likely to crash hard if there's a shortfall on that particular metric. But Netflix came up short on third-quarter subscriber additions without sparking a panic. Instead, the stock surged as much as 10.9% higher in after-hours trading.

This is a new party trick. Here's how Netflix pulled it off.

Image source: Netflix.

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Source Fool.com