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Netflix hits record stock high after reporting strong Q3 earnings and 70M ad-supported users.
Institutional investors and insiders have been actively trading Netflix shares, with some buying and others selling.
Netflix reported strong third-quarter earnings of $5.40 per share and revenue of $9.82 billion, both surpassing analyst estimates.
The stock hit a new record high after reporting 70 million monthly active users for its ad-supported service.
Despite facing competition, Netflix's global reach and content production continue to be strong.
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Netflix alcanza un nivel de stock récord después de reportar fuertes ganancias Q3 y 70 millones de usuarios de anuncios apoyados.