Shares of streaming stocks are trading higher in sympathy with Netflix, which reported better-than-expected Q3 sales results raised some subscription prices.
Portfolio Pulse from Benzinga Newsdesk
Streaming stocks are trading higher following Netflix's better-than-expected Q3 sales results and increased subscription prices. FUBO and ROKU are among the stocks that may benefit from this trend.
October 19, 2023 | 2:15 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
FUBO's stock is trading higher in sympathy with Netflix's positive Q3 sales results and increased subscription prices.
As a streaming stock, FUBO is likely to benefit from the positive sentiment around Netflix's strong Q3 sales results and increased subscription prices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Netflix reported better-than-expected Q3 sales results and raised some subscription prices, which is positively impacting its stock price.
Netflix's strong Q3 sales results and increased subscription prices are likely to boost investor confidence and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
ROKU's stock is trading higher in sympathy with Netflix's positive Q3 sales results and increased subscription prices.
As a streaming stock, ROKU is likely to benefit from the positive sentiment around Netflix's strong Q3 sales results and increased subscription prices.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70