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.