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FILE - In this Friday, Jan. 17, 2014, file photo, a person displays Netflix on a tablet in North Andover, Mass. Netflix reports financial results Monday, Oct. 17, 2016. (AP Photo/Elise Amendola, File)

Netflix tanked after its price hike. Now it's killing it, thanks to some viral hit shows.


Things didn't look good for Netflix after it announced it was increasing its subscription price.

Then this summer happened. Well, more specifically, "Narcos" and "Stranger Things" happened. And now Netflix's stock price has gone up 19 percent, according to Recode.

Netflix added 400,000 U.S. subscribers in the last quarter, and 3.2 million in the rest of the world. Months ago, it told investors it was aiming for 300,000 and 2 million, respectively.

Netflix said it will use the money from the price hike to help pay off a $6 billion bill for content in 2017 and to make more original series (and, presumably, the second season of "Stranger Things").

Netflix still won't be expanding to China, saying "the regulatory environment... has become challenging."

Stranger Things 2 | Netflix

WATCH | In case you needed more reason to be excited about Netflix's original shows, here's the teaser for the second season of "Stranger Things."

If you're into Netflix binges, you'll be in for a treat next year.

Caramel M&Ms are coming to a candy store near you. They took years to develop.

WATCH | For the news you need, check out our 60 Second Circa.

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