Netflix shares soar 7% after quarterly report
Shares of streaming service Netflix soared 7.12% postmarket to $338.27. This is evidenced by trading data on NASDAQ.
Investors began to buy securities after the release of the report for the fourth quarter of 2022. According to its results, the number of paid subscribers to the platforms reached 230.75 million people, which is 7.66 million more than in the third quarter. This turned out to be much better than analysts’ forecasts, who had expected the addition of 4.57 million new paid subscribers.