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Netflix rises 4.5% after beating Q3 subscriber targets By Reuters

by Index Investing News
October 18, 2024
in Stocks
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LONDON (Reuters) – Netflix (NASDAQ:) shares listed in Frankfurt rose 4.5% in early buying and selling on Friday, after the U.S. streaming service mentioned new third-quarter subscribers topped Wall Avenue estimates by 1 million.

Netflix clocked 5.1 million new streaming subscribers within the third quarter, and mentioned it anticipated larger buyer progress across the holidays when Korean drama “Squid Recreation” returns.

Shares rose 3% in after-hours buying and selling on Thursday, having closed the common buying and selling session at $687.65, down 2%.





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