Netflix shares are trading higher after the company reported better-than-expected Q3 financial results and 14.4% growth in global streaming paid memberships.
Portfolio Pulse from Benzinga Newsdesk
Netflix shares rise as the company reports better-than-expected Q3 financial results and a 14.4% increase in global streaming paid memberships.
October 18, 2024 | 10:51 am
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Netflix shares are trading higher following the release of Q3 financial results that exceeded expectations, along with a 14.4% increase in global streaming paid memberships.
The better-than-expected Q3 financial results and significant growth in streaming memberships are positive indicators for Netflix's business performance, likely leading to increased investor confidence and a rise in stock price.
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