Netflix (NFLX) Jumps Another 11% as Stock Eyes $1,000
Following a rather impressive Q4 earnings report, streaming giant Netflix (NFLX) has jumped another 11% in the last 24 hours as the stock is eyeing a surge to $1,000. Indeed, the company has enjoyed a monumental week. Moreover, it has recently sought to take advantage of its rising popularity. The rising share price came after the entertainment titan announced it would be increasing prices across the board for US customers. Specifically, the company will now charge $17.99 for its subscription plan without advertisements, up from $15.49, according to ABC News. Moreover, the standard plan, including ads, will increase to $7.99, which is a single-dollar increase. Source: Wired Italia Also Read: Netflix (NFLX) Earnings Per Share to Jump 99%: Is Stock a Clear Buy? Netflix Stock Skyrockets as Prices Jump: Where Will NFLX Go Now? Amid the ever-changing viewership tendencies of the modern audience, Netflix has always held the distinction of being the first. Its subscription model completely ch...