Reported about 9 hours ago
Netflix shares jumped over 14% as the company reported an impressive holiday quarter with a record 18.9 million new subscribers, driven by a strong content lineup and live sports streaming. Analysts praised Netflix's execution and market positioning, with many raising their price targets for the stock. In addition, Netflix announced planned price hikes for most of its subscription plans in several countries as it continues to strengthen its foothold in the streaming industry.
Source: YAHOO