Netflix stock flirts with $1,000: ‘Squid Game,’ live sports, and more price hikes help shares hit new benchmark
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After strong revenue and profits for its fourth quarter, the streaming giant says customers are going to have to pay a little more. Investors don’t seem to mind.
Shares of Netflix (Nasdaq: NFLX) are surging in premarket trading after the company announced a blowout end to its fiscal 2024. The stock is currently sitting at an all-time high as of the time of this writing after revealing the company has surpassed a major milestone—crossing the 300 million subscriber mark for the first time.