Netflix Lost Fewer Subscribers Than Expected in the Latest Quarter. The Stock Is Higher.

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Updated July 19, 2022 4:07 pm ET / Original July 19, 2022 12:30 am ET

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Netflix stock jumped in after hours trading Tuesday after the company reported better-than-expected subscriber trends for the second quarter.

The company lost roughly 1 million global subscribers in the period, better than its projection for a loss of 2 million.

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