New Adds Help Netflix Beat Street, Icahn Saves eBay

Netflix posted fourth quarter earnings of 79 cents per share on revenue of $1.18 billion after the bell, beating Wall Street consensus estimates on the top and bottom lines. The company's results were boosted by domestic net additions of 2.33 million, up 14% from last year. Netflix shares were surging in post-market trading, as were eBay's which also reported Q4 results. eBay beat the Street's earnings estimate by a penny, but missed slightly on the top. The stock shook off the sales miss, however, because it was revealed that Carl Icahn owns .82% of the company's shares.

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