![\"Reed](\"http:\/\/static.businessinsider.com\/image\/4b60b1af00000000007d20d9\/reed-hastings-with-dvds.jpg\")
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Netflix shares blasted through $100 for the first time ever today, following a solid earnings performance<\/a> yesterday, strong guidance<\/a>, and impressive traction for the company’s streaming video service<\/a>.<\/p>\n Factoring in today’s 16% rise, Netflix shares have now effectively doubled since the beginning of 2010.<\/p>\n Netflix shares do trade at a high multiple, but any gains make the WSJ’s Martin Peers look even more ridiculous for his call 13 months ago<\/a> that Netflix’s “stock-price bubble may be close to bursting.”<\/p>\n That was in late March, 2009, when Netflix shares were trading in the $40s. “Netflix fans take note: A correction is looming,” Peers wrote<\/a>.<\/p>\n Shareholders who bought in that day have more than doubled their money.<\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n Netflix shares blasted through $100 for the first time ever today, following a solid earnings performance yesterday, strong guidance, and impressive traction for the company’s streaming video service. Factoring in today’s 16% rise, Netflix shares have now effectively doubled since the beginning of 2010. Netflix shares do trade at a high multiple, but any gains […]<\/p>\n","protected":false},"author":440,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-539980","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/539980","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/440"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=539980"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/539980\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=539980"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=539980"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=539980"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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