Netflix raised its prices for US subscribers on Thursday and its stock took off, hitting an all time high of $194.39 per share by the end of the day. The price bump took the standard tier up to $10.99 from $9.99, and the premium tier to $13.99 from $11.99. The entry level $7.99 plan will not change. Subscribers are likely to grumble, butthe stock increase indicates investors are confident the company won't see a decline in subscription numbers. Netflix has raised its prices before, and as we can...
One chart shows why shareholders are so happy about Netflix's price increase (NFLX)
Business Insider - 7 Oct 2017 03:58
Netflix raised its prices for US subscribers on Thursday and its stock took off, hitting an all time high of $194.39 per share by the end of the day. The price bump took the standard tier up to $10.99 from $9.99, and the premium tier to $13.99 from $11.99. The entry level $7.99 plan will not change. Subscribers are likely to grumble, butthe stock increase indicates investors are confident the company won't see a decline in subscription numbers. Netflix has raised its prices before, and as we can...
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