'Netflix announces more price hikes ahead of the holidays' -Nov. 6 Fox Business Report
Portfolio Pulse from Benzinga Newsdesk
Netflix has announced that it will increase its subscription prices ahead of the holiday season. The price hikes are expected to affect all of its U.S. customers.

November 07, 2023 | 1:27 pm
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NEUTRAL IMPACT
Netflix's announced price hikes may lead to increased revenues but could also risk customer churn.
The price increase could lead to higher revenues for Netflix in the short term, which could positively impact its stock price. However, there is also a risk of increased customer churn due to the higher prices, which could negatively impact the stock. Therefore, the net impact on the stock price is uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100