💨 Abstract

Netflix shares in Frankfurt increased by 14.3% on Wednesday following the announcement that the streaming service gained a record number of subscribers during the holiday quarter, totaling 18.9 million. The company also plans to raise prices in the U.S., Canada, Portugal, and Argentina. Shares rose 10% in after-hours trading on Tuesday after closing up 1.35% in regular trading.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖