Netflix Stock Marks New High After Streamer's Ad Tier Hits 70 Million Global Monthly Users
Portfolio Pulse from
Netflix's stock reaches a new high as its ad-supported tier attracts 70 million global monthly users, with over 50% of new sign-ups opting for this plan in ad-supported regions.
November 12, 2024 | 9:30 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Netflix's stock has reached a new high due to the success of its ad-supported tier, which now has 70 million global monthly users. Over 50% of new sign-ups in ad-supported countries are choosing this plan.
The significant growth in Netflix's ad-supported tier, with 70 million users and over 50% of new sign-ups, indicates strong market acceptance and potential for increased revenue, positively impacting the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100