Netflix stock experience growth

Netflix stock jumped by almost 13% on better-than-expected earnings results. The company added an amazing 8.76 million new customers last quarter. That’s the biggest growth in years. The company is also raising fees in the US and the UK. The main reason for adding new customers is the decline in password sharing. Many people are now moving to new accounts with ads. Netflix stock could open the trading day at around $390. A break above $400 could generate more momentum.

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