NFLX - Netflix

They've actually been pushing the cheaper plan with ads on me. They must make more that way - some ads and a fee.
 
After threatening everyone about sharing, people joined up on their cheapest plan. Now that they have 1.3M new subscriber they are going to raise the cost of their plans. :banana:
 
YAY ..... finally something goes my way. :banana:

Netflix Stock Surges as Wall Street Boosts Price Targets On Strong Earnings Metrics
Netflix Stock Analysts Up Price Target on Earnings, Advertising, WWE – The Hollywood Reporter

Netflix shares jumped on Wednesday after the streaming giant surprised Wall Street on Jan. 23 by reporting its second-best quarterly subscriber additions ever (13 million) and unveiling a 10-year, $5 billion deal for WWE flagship show Raw, as well as the sports entertainment powerhouse’s content internationally.

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Price hikes on the way too. Of all the streaming services we have, I think we use Netflix the least. Certainly not getting our money's worth now.

The streaming giant hiked the monthly price of its basic plan to $12 from $10 and its premium plan to $23 from $20.

Netflix’s $7 ad-supported plan will still cost $7 a month.

The price hikes take effect immediately.

The last time Netflix raised prices in the U.S. was in January 2022.

https://www.usatoday.com/story/money/2023/10/18/netflix-price-increase-2023/71232955007/
 
Going to be another minor gap down in NFLX tomorrow after reporting the loss of over 200,000 subscribers. Down over 20% in the AH (again). NFLX needs to focus on quality shows instead of the quantity of their "documentaries".

Remember when everyone thought we'd be riding overpriced Peloton bikes and sitting indoors watching (terrible) Netflix shows the rest of our lives? How things change.
 
Another quarterly miss for NFLX. Down 20% in the AH. Set to open tomorrow down 40% from it's November high and below the 200 DMA.
 
Miss on earnings and new subscribers. Volatility pre-earnings was 10%, and right now it's down 9.8% AH.
 
Mid summer last year I sold my Best Buy stock at around $53 a share. When I was working for BBY part time I was getting shares for about $30-35 through payroll deduction. So not a bad profit. By mid fall it was hovering around $72 a share and today it is $76 a share. I guess it depends on how you look at "Lady Luck". :D
 


I really dodged that bullet, huh? I worked my plan, but tried to get too cute. :pat:

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There was a pull back... just not a very big one ;)

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