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Netflix shares slide on worries of rising costs

Netflix shares have been taking a beating this morning after returning some pretty positive earnings news. On Monday, Netflix reported a first-quarter profit that rose 35% as subscribers increased by 21%. Revenue rose to $326.2 million from $305.3 million, an increase of 7%.

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Stock Symbol: NFLX NETFLIX INC Stock Price: $30.81 Todays Change: +0.88 (+2.94%)