News Summary: Investors applaud Netflix's 1Q

News Summary: Netflix's 1st-quarter subscriber growth, financial results impress Wall Street

Associated Press

GOOD SHOW: Netflix added 2 million U.S. subscribers to its Internet video service during the opening three months of the year, boosted by release of a critically acclaimed series "House of Cards." The political thriller starting Academy Award-winning action Kevin Spacey marked Netflix's first big leap into original programming.

OTHER PLOT TWISTS: A first-quarter report released Monday also showed Netflix Inc.'s profit margins are widening.

RAVE REVIEWS: Netflix's stock soared by 24 percent in extended trading. If the rally extends into Tuesday, it will be the first time Netflix's stock has surpassed $200 in 19 months.

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