Tag: rosy

Netflix Stock Jumps 9% on Strong Q4 Subscriber Growth and Rosy Q1 Earnings Guidance

Netflix (NASDAQ: NFLX) stock gained 8.6% in Tuesday’s after-hours trading session following the video streaming leader’s release of its fourth-quarter 2023 report. Investors’ positive reactions are attributable to the quarter’s revenue and net paid subscriber additions surpassing Wall Street’s consensus estimates, along with bottom-line guidance for the first quarter of 2024, easily exceeding analyst expectations. […]