Netflix subscriber surge of 5.3 million new users sends shares soaring

Netflix has surprised by declaring an unexpected surge in subscriber numbers, scotching fears that the streaming service may have hit a plateau.
The lead player in the fast-growing internet television sector extended its lead over the third quarter by racking up an additional 5.3 million subscribers globally, well in excess of Wall Street analysts’ predictions of 4.5 million and boding well for Netflix’s target of an additional 6.3 million subscribers in the current quarter