Netflix shares rose 3% to $457

16:36 - 18.07.2023


July 18, Fineko/abc.az. On June 17, Netflix shares rose 3% to the highest level since February 1, 2022.

ABC.AZ reports with reference to foreign media that the stock rose to $457 after rising.

This jump occurred after an analytical post by Deutsche Bank analyst Brian Kraft about Netflix.

Kraft estimates Netflix will receive about $9 bn in new revenue by 2025 thanks to its password software, Netflix estimates it will have about 20 million new subscribers by the end of next year.

By Elmir Murad