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Netflix Stock Price Climbs Today After Subscription Hike (Nasdaq: NFLX)
The Netflix stock price was up slightly today (Friday) after the company announced it will be raising the price of its basic monthly service from $8.99 to $9.99 per month.
The news was announced on Thursday, and Netflix Inc. (Nasdaq: NFLX) stock climbed 12% intraday. It closed up 6.3% to $114.93.
Here's why the Netflix stock price continues to climb, and how to play the stock...
The Netflix stock price was up slightly today (Friday) after the company announced it will be raising the price of its basic monthly service from $8.99 to $9.99 per month.
The news was announced on Thursday, and Netflix Inc. (Nasdaq: NFLX) stock climbed 12% intraday. It closed up 6.3% to $114.93.
Here's why the Netflix stock price continues to climb, and how to play the stock...