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A look at Netflix since stock plunged from peak

AP/ SMH | May 28, 2013
Here's a look at Netflix since its stock peaked in July 2011 at nearly $305.

Jan. 23, 2013: Netflix surprises investors by reporting a fourth-quarter profit as it warded off stiffer competition to add 2 million U.S. subscribers during the final three months of 2012.

Feb. 1: Netflix releases 13 hour-long episodes of the political drama "House of Cards" all at once. Many subscribers binged and watch the entire season continuously. Critics laud the series, which stars Oscar-winning actor Kevin Spacey.

April 19: Debut of the thriller "Hemlock Grove," the second original series on Netflix in 2013.

April 22: Netflix announces that it added 2 million U.S. subscribers in the January-March period, hitting the top end of a target set by the company's management. The success of "House of Cards" is credited.

May 26: Netflix is scheduled to release a new, fourth season of "Arrested Development" in a revival of the series cancelled in 2006. All 15 episodes will be available at once at 12:01 a.m. PDT (3:01 a.m. EDT).

 

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