Netflix price hike: Yay! investors cheer

By | October 8, 2015

Scalper1 News

While not likely to thrill consumers, the Netflix (NFLX) price increase revealed Thursday was a hit with investors. Netflix stock jumped on the news. Shares were down as much as 5% Thursday before the news broke that Netflix is implementing a price increase for new subscribers in America, Canada and parts of Latin America. After the price hike was disclosed on the company’s website, Netflix stock rallied, rising more than 6% in the stock market Scalper1 News

Scalper1 News