Netflix's accelerated global rollout catches Wall Street off guard
Netflix Inc's faster-than-expected rollout in overseas markets surprised many analysts, who scrambled to raise their price targets on the stock. Shares of the video streaming service, which reported stronger-than-expected quarterly results on Tuesday, were set to open about 18 percent higher on Wednesday. The stock has been under pressure in recent months on fears of increased competition from Time Warner Inc's HBO, Amazon.com Inc and Hulu, as well as on-demand offerings from pay TV pr
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