Netflix Inc.’s stock soared 7.6% to a record close Tuesday, its 17th record so far this year, as investors cheered the video streaming service’s move into Asia. The stock has now soared 148% year to date, compared with the S&P 500’s 1.7% gain. The company indicated on its Netflix Japan twitter page that its service will begin on Sept. 2, it’s first foray into Asia. The company had announced in February that it would expand into Japan in the fall.
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From:: Stock Market News