Find out why Netflix stock is skyrocketing with record-breaking subscriber numbers and soaring profits in Q4.
Denmark's buzzing with news of Netflix stock soaring as the streaming giant boasts a record 13.1 million new subscribers in the fourth quarter, causing a 10% jump in shares. Wall Street is abuzz with optimism as Netflix's strong Q4 earnings, subscriber growth, advertising progress, and a WWE deal boost its stock. Despite doubts from some analysts about a potential overvaluation, Netflix's stock has hit new 52-week highs, propelled by the strongest net subscriber additions since the pandemic's surge in 2020. Amidst cautionary voices, the tech sector rallied as Nasdaq rose by 1% led by Netflix's bright performance, reflecting hopes for a sustained market rally.
Netflix shares surged over 10% ahead of the Wednesday's open after the streaming giant said it added a record 13.1 million subscribers in the fourth quarter ...
Netflix saw its stock rise after a strong fourth-quarter earnings report, subscriber growth, advertising business progress and a WWE deal.
The post-earnings surge for Netflix shares could be a matter of the โtail wagging the dog,โ hypothesized one analyst, as user growth is likely not the ...
Netflix served up its strongest quarter in terms of net subscriber additions since the pandemic-fueled surge during the first quarter of 2020. The stock has ...
shares are surging after the company reported earnings on Tuesday after the bell. The stock gained 10% in premarket trading to $539.62 following strong ...
By Steve Goldstein and Emily Bary. Deutsche Bank moves to the sidelines on Netflix, saying company's leadership position 'is fully priced into the stock'.
Traders work on the floor of the New York Stock Exchange during afternoon trading on January 22, 2024 in New York City. The Dow Jones and S&P both hit all time ...
Upbeat tech earnings led by Netflix are buoying hopes the record-setting rally in stocks will keep going.
Netflix shares rallied in premarket trading after the streaming giant said it continued to add new customers at a rapid clip last quarter.
U.S. stocks are ticking higher, led by Netflix as customers keep signing up to watch its streaming service.
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Deutsche Bank is moving to the sidelines on shares of Netflix even after another solid quarter from the dominant player in streaming media.
Management is predicting record profit margins for 2024. Shares of subscription-streaming service Netflix (NFLX 12.36%) jumped to two-year highs on Wednesday ...
By Steve Goldstein and Emily Bary. Deutsche Bank moves to the sidelines on Netflix, saying company's leadership position 'is fully priced into the stock'.
The streaming giant posted higher-than-expected subscriber growth for Q4, sending its share price soaring.
Netflix stock, Amazon, CyberArk, HubSpot, ServiceNow, Shopify and Workday are among the dozen new stocks on IBD watchlists Wednesday.
Microsoft hits record high, market value crosses $3 trln · AT&T FY profit forecast disappoints, shares fall · U.S. business activity picks up in Jan - survey · S&P ...
Netflix announced its fourth quarter earnings, which showed significant subscriber growth and higher revenue that sent its stock higher during Wednesday's ...
In fact, the fourth quarter was the best quarter for net new subscriber additions since the start of the pandemic, as Netflix added 13.1 million subscribers in ...
The streamer ended 2023 with over 260 million subscribers and posted higher-than-expected revenue The post Netflix Stock Soars 13% After Wall Street Boosts ...
Shares of streaming video giant Netflix (NASDAQ: NFLX) jumped 7.9% in the afternoon session after the company reported fourth quarter results that exceeded ...