Home > Share Price of Netflix Reaches All-Time High

Business
Share Price of Netflix Reaches All-Time High

Description

On Monday, Netflix's stock climbed to an all-time high of $202 a share. The company also reported nearly $3 billion in revenue and 5.3 million new subscribers, a record for third quarter growth. Even though the online streaming giant has had a run of strong earnings throughout 2017, driven by higher-than-expected subscriber gains and consistent profit, its reportedly been forced to borrow large sums to cover the growing costs of original content. Earlier in October, Netflix raised prices for subscribers in the United States for both its standard and premium tier by $1 and $2 respectively.

Added on the 16/10/2017 15:59:29 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Lamborghini Urus’ high-speed record on ice is formally registered - 18-time speed record holder Andrey Leontyev shares insights

    The Super SUV Lamborghini Urus’ high-speed record set on the ice of Russia’s Lake Baikal during the Days of Speed in March 2021 has been formally registered by the RAF (Russian Automobile Federation), a member of the FIA (Federation Internationale de l'Automobile). Russian driver Andrey Leontyev, 18-time record holder of Days of Speed on Baikal Ice, shares his experience of setting the record. Reaching a top speed of 298 km/h and an average speed from a standing start of 114 km/h across the 1000-meter distance, the Lamborghini Urus demonstrated exceptional performance and extraordinary handling despite reduced traction due to the ice’s slippery conditions and strong gusts of wind.Andrey Leontyev, Moscow-born and bred, has always had a visceral passion for engines and cars, from disassembling them during his childhood, to reporting on them during his journalism career and driving them during his truck racing years. But his goal and all-time dream was to drive the world’s fastest cars and set records in extreme conditions.

    10/05/2021 - Auto Moto EN
  • Price of bread in Lebanon rises for the third time in nine months

    Beirut (Lebanon), Mar 24 (EFE / EPA) .- (Camera: Wael Hamzeh) The price of bread in Lebanon has increased for the third time in nine months after the authorities announced on Tuesday a rise in the price of the product.FOOTAGE OFA BAKERY IN BEIRUT

    24/03/2021 - EFE Inglés
  • University students protest high price of tuition fees in South Africa

    Cape Town (South Africa), Mar 12 (EFE / EPA), (Camera: Nic Bothma).- South African students protested Friday in Cape Town over the high price of tuition fees. South African minister of higher education Blade Nzimande said on Monday that the National Students Financial Aid Scheme, which provides study loans to poor students, is experiencing a funding shortfall.FOOTAGE OF THE PROTEST IN CAPE TOWN.

    12/03/2021 - EFE Inglés
  • Netflix Stock Leaps Up 13%

    On Wednesday, Netflix stock surged as much as 15%. Business Insider reports that the company's fourth-quarter earnings beat forecasts. The video-streaming service added a record 37 million paid subscribers in 2020. Netflix expects to generate enough cash to end its borrowing spree and potentially fund share buybacks.

    20/01/2021 - Wochit
  • Poshmark 'Super User' Earns $6K In A Week By Investing In Company's IPO

    Tiffany Wood has been an active 'super user' seller on Poshmark since 2015, and her loyalty has truly paid off. According to Business Insider, Wood now has a $12,000 nest egg because she bought stock in the company's initial public offering. In a leaked email, Poshmark let super users know the company had reserved 330,000 shares that they, and their friends and family, could purchase. The max buy was 150 shares. Wood bought 149 shares at $42 a share--the initial share price. On day one, her stock went up to a value of $14,378. By the market's close on Friday, shares were trading at $83.20. Wood's stake is still worth $12,397 with a healthy profit of $6,139. And she's thrilled!

    18/01/2021 - Wochit
  • HBO Max Hitting Roku

    17/12/2020 - Wochit

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34