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Netflix Stock Jumps After Record Q4 Subscriber Growth—Monitor These Key Levels
NetflixNetflix(US:NFLX) Investopedia·2024-01-24 20:25

Key TakeawaysNetflix shares were sharply higher in pre-market trading Wednesday after the streaming giant said it added 13.1 million subscribers in the fourth quarter, well ahead of Wall Street's consensus view.The company plans to increase its programming slate and tap into new areas, such as advertising and gaming.Netflix shares sit poised to breakout from an ascending triangle—a chart pattern that indicates a continuation of the current uptrend. Netflix, Inc. Source: TradingView.com.Netflix (NFLX) sha ...