Boston, MA 06/20/2013 (wallstreetpr) – The share prices of Netflix Inc. (NASDAQ:NFLX) had surged by 1.52 percent to close at $232.31 per share for the end of last trading session on Wednesday. The shares of the company had been trading in the range of $227.61 to $235.88 per share during the day. The shares of Netflix Inc. (NASDAQ:NFLX) had recorded 52 week low price level at $52.81 per share and 52 week high price level at $248.85 per share.
Netflix Inc. (NASDAQ:NFLX) had recently announced its plans to expand its operations into the Netherlands by the end of this fiscal year, wherein it would offer TV shows and films in the country for one low monthly price. Once launched, the broadband internet users in Netherlands will be able to subscribe to services of Netflix Inc. (NASDAQ:NFLX) and thereby instantly watch Hollywood, local and global TV series and films.
The users will also be able to watch the original Netflix series such as the “House of Cards” and “Arrested Development” from anywhere in the country through their tablets, phones, TVs, computers, laptops and game consoles.
Netflix is the world’s leading Internet television network with more than 36 million members in 40 countries enjoying more than one billion hours of TV shows and movies per month. Using the unique Netflix recommendation engine, each member is presented a personalized list of TV and movie titles to enjoy from Netflix.
Netflix Inc. (NASDAQ:NFLX) had witnessed the trade of 3.19 million shares on Wednesday, while the average trading volume for the company is at 3.35 million shares per day. The company presently holds 56.14 million shares outstanding in the market with an institutional ownership of 88 percent of its holdings.
