Description: Netflix shares skyrocketed more than 14% after the bell Tuesday as the company posted better-than-expected results on the top and bottom lines. The streamer also reported the addition of 2.41 million net global subscribers, more than doubling the adds the company had projected a quarter ago.
Source: Yahoo.Finance.com – video report
Date: Oct 18 2022
Questions for discussion:
- What does the report say about the reasons for the stock price jump?
- Do you think this is the beginning of more subscriber growth?
- How else can Netflix increase revenue?
- What other marketing ideas would you suggest to management?
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