The Netflix logo is shown in this illustration photograph in Encinitas, California.
Mike Blake | Reuters
Check out the companies making headlines in midday trading.
Netflix — Shares of the streaming giant popped 14% after the company’s fourth quarter report beat Wall Street expectations for revenue and subscribers, which topped 200 million. Netflix also said it would consider stock buybacks and it expects to break even on a cash flow basis this year. Netflix earned upgrades from Wells Fargo and UBS, boosting sentiment further.