Netflix Raises Prices for U.S. Subscribers; Shares Jump

This post was originally published on this site

Investing.com – Netflix jumped late-Thursday after the company said it would be increasing prices for its U.S. subscribers. 

Netflix Inc (NASDAQ:NFLX) stock was up 5%.

The company said it would increase its standard plan by $1, to $14 a month and its premium plan by $2, to $18 a month. The move comes after the streaming giant recently reported quarterly results that missed expectations following weaker than expected user additions. 

The company most recently upped its price plans in Canada.  

Add Comment