NETFLIX ANNOUNCES ITS BIGGEST PRICE HIKE YET. HERE’S WHAT SUBSCRIBERS NEED TO KNOW

The Daily Caller | 1/15/2019 | Staff
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Netflix announced its biggest subscriber price hike in company history Tuesday morning.

Curiously, Netflix’s stock price surged at Tuesday’s opening bell, suggesting investors are not overly concerned about the price hike, and that it may indicate a healthy consumer loyalty and a promising indication of growth.

Netflix - Year - Home - Awards - Golden

Netflix has been doing very little but rallying this year. After it took home five awards at the 2019 Golden Globes, its stock price surged over six percent and has been enjoying relatively stratospheric highs since. Its contemporaries in the FAANG group (Facebook, Amazon, Apple, Netflix, Google) have been enjoying similarly strong numbers despite a recent pre-Christmas selloff and tense trade talks with China.

Netflix claims its price hike can be attributed to...
(Excerpt) Read more at: The Daily Caller
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