Netflix shares pop as it hits 125 million subscribers

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Netflix’s share price surge showed no sign of letting up this evening, after it revealed a further seven million people had signed up to its streaming service in the first three months of 2018, breezing past already-lofty expectations. 

Netflix has seen its share price rocket in the year-to-date, up more than 60pc at the close of play on Monday, prompting some concern that it could be in for a heavy fall, should the results disappoint. 

However, Netflix ticked up more than 8pc after the close today,  taking its value above $140bn (£97bn) in after-hours trading, as it said more people continued to sign up to its service.

It now has 125 million subscribers globally – a number which has continued…