Netflix, Inc. (NFLX) receives endorsement from Barack Obama

Posted Feb 14, 2014

Netflix, Inc. (NASDAQ:NFLX) has received a huge endorsement. The President of the United States sent out a tweet that he is looking forward to watching the second season of the show House Of Cards.

House Of Cards is a show that is exclusive to Netflix. Netflix outbid HBO for the rights to the show. And the show became a huge hit. When Netflix bought the show, their stock price was at under $240-$250 per share. Now it is at about $430-$440.

Tomorrow: @HouseOfCards. No spoilers, please.

— Barack Obama (@BarackObama) February 13, 2014

[Source: BusinessInsider]