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Netflix Rises 15% In Wednesday Premarket As Streaming Giant Hikes Prices Following Record Subscriber Growth - Netflix (NASDAQ:NFLX)

1. NFLX shares surged 15% after a price hike announcement. 2. Standard streaming plan increased from $15.49 to $17.99 monthly. 3. Fourth-quarter earnings report showed 16% revenue growth, 18.91 million new subscribers. 4. Netflix projects $43.5-44.5 billion revenue for 2025, indicating strong future growth. 5. Largest price hike in history reflects confidence in content and subscriber growth.

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FAQ

Why Bullish?

The price hike and strong earnings suggest continued growth, similar to past Netflix results.

How important is it?

The article discusses significant changes in pricing and financial performance that directly influence NFLX.

Why Short Term?

Immediate market reaction to price hike may settle in a few months.

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