Netflix Stock Jumps More Than 20%, Equity Analysts 'Bullish' Again
Netflix stock jumped over 20 percent, with a number of equity analysts bumping up the movie rental company's price target following its better-than-expected fourth quarter earnings report.
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Since: Jan 12
#1 Jan 28, 2012
This is a classic example of the short squeeze. Netflix was heavily shorted on expectations of downbeat results, and the bears rushed to cover once the company came up with better than expected subscriber growth and higher sales.
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