Netflix NFLX Stock Skyrockets in After-Hours Trading

NFLX Netflix

Netflix NFLX stock in after-hour trading jumped over 14%, hitting an all-time high of $993.83. The stock closed at $869.68 on Tuesday.

Netflix added 19M subscribers in the fourth quarter, reaching 301M globally.

The company also announced a $15 billion stock buyback and raised its full-year revenue outlook. NFLX now expects 2025 revenue between $43.5 billion to $44.5 billion, prior expectations were from $43 billion to $44 billion range.

Netflix announced price increases across most plans in the US, Canada, Portugal and Argentina.

The company also expanded its buyback program by $15B, now totaling $17.1B.

Previous Article

Official Trumb Coin $TRUMB Soars

Next Article

USDNOK: Norges Bank kept Interest Rates Unchanged at 4.5% 

You might be interested in …

Credit Suisse stock CSGN

Credit Suisse (CSGN) Reports Huge Q4 Loss

Credit Suisse reported the worst annual loss since the Great Financial Crisis in 2008. Here are the key figures from the fourth quarter of 2022 which was the fifth straight quarter of losses.