Netflix added a record 19 million subscribers in holiday quarter
1. Netflix added 18.9 million subscribers, exceeding Wall Street expectations. 2. Live sports and 'Squid Game' drove record subscriber growth.
FAQ
Why Very Bullish?
The substantial subscriber growth indicates strong demand, potentially boosting revenue. Past examples show subscriber increases correlate with stock price rises.
How important is it?
Subscriber growth is crucial for Netflix's performance, impacting its market position and profitability.
Why Short Term?
The immediate positive subscriber figures will likely influence next quarter's earnings. Historically, strong quarterly reports have led to immediate stock price increases.