Netflix Surges On Expansion Plans

Shares of Netflix NFLX are up 5.48% in early trade on Tuesday after the company announced it would expand its streaming video services to 43 countries in Latin America and the Caribbean. The stock is now trading near a new all-time high at $283.02. Netflix, Inc. (Netflix) is an Internet subscription service streaming television shows and movies. The Company's subscribers can watch unlimited television shows and movies streamed over the Internet to their televisions, computers and mobile devices.