LONDON, Jan 22 (Reuters) – Netflix shares listed in Frankfurt rose 14.3% in early trading on Wednesday after the streaming service said on Tuesday it attracted a record number of subscribers over the holiday quarter.
A woman stands next to a logo of Netflix during an event in Mumbai, India, February 29, 2024. REUTERS/Francis Mascarenhas/File Photo Purchase Licensing Rights
The company said it plans to hike prices in the U.S., Canada, Portugal and Argentina after adding 18.9 million subscribers in its fourth quarter.
The company’s shares rose 10% in after-hours trading on Tuesday, having closed up 1.35% in regular trading.
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Reporting by Lucy Raitano; Editing by Amanda Cooper
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