It was a $4 on Wednesday, as the streaming giant reported higher-than-expected numbers for its fourth quarter earnings.
As this chart from $4 shows, the results are the cap on what's been a strong year for Netflix as a whole. The company closes the 2016 fiscal year with 93.8 million subscribers, up nearly 20 million from the year prior, and a long way from the days from when it mostly sold DVDs. The lion's share of that growth appears to be a result of Netflix's $4 outside the US, where 47% of its subscribers now reside.
Investors may still be concerned with slowing subscriber growth back in the US, and the fact that it's $4 to produce its original shows, but at this point you can see why that worried>$4 about things like net neutrality changes.
Business Insider/Jeff Dunn