Tag: Netflix shares

Netflix stocks surged by 10% during premarket trading on Wednesday after the streaming giant released its fourth-quarter results. 13.12 million subscribers joined Netflix in the quarter, beating the company's own forecast of roughly nine million additions. Full-year 2023 additions stood at 30 million. Revenue for...

Shares in streaming giant Netflix Inc. rose by as much as 14% to $393 in premarket trading on Thursday, putting them on course to their largest intraday rise in around a year. This comes after the company released strong financial results for the third quarter,...

Netflix stocks closed 2% lower on Thursday after falling 5% the previous day. This comes after comments from CFO Spencer Neumann at Bank of America's Media, Communications, and Entertainment Conference that touched on the company's lower-than-expected outlook on its operating margins. After speaking on numerous...

New Netflix subscribers in the U.S. will no longer have access to the streamer’s lowest-priced ad-free plan. The company removed the $9.99 a month “Basic” plan from its U.S. offering this week after making the same move in Canada in June. According to the statement...

Former CEO of Yahoo Marissa Mayer revealed in an interview on Saturday that passing up the opportunity to invest in Netflix remains one of her major regrets during her time leading Yahoo. Mayer explained that while the decision to acquire Netflix or rival streaming platform...

Streaming giant Netflix shared its first-quarter earnings report on Tuesday that revealed mixed results. The company managed to beat the Wall Street estimates on earnings per share (EPS) but failed to clear the mark on revenue and subscribers estimates. Netflix reported revenue of $8.16 billion,...