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Netflix Price Increase Prompts Shares To Rally

2019-01-16 0 Dailymotion

According to Broadcasting & Cable, Netflix stock roared as high as $355 before settling a few dollars less.<br />On the day for Jan. 15th, Netflix shares are up almost 7-percent, but the rally began after the video streaming service announced an increase to pricing for US subscribers.<br />Netflix has raised prices four times, with the latest happening in late 2017.<br />But Netflix chose to increase the basic plan for the firs time since 2010. <br />

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