Shares of Netflix, Inc.(Public, NASDAQ:NFLX) are up 40% in the last 52 weeks amid a struggling economy. How long can they defy the recession?
Netflix Inc.'s Q4 profit climbed 45 percent to surpass analysts' estimates, boosted by the appeal of its relatively inexpensive DVD rental and Internet streaming service during the budget-crimping recession.
It's quite amazing that NFLX is in the position it's in today.
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