On Thursday, it emerged that Netflix would be increasing the prices for its subscription services, and investors seemed to love it. The company's stock shot up 5.36% on Thursday after reports on the price increase. Investors were happy to see an estimated $623 million in new revenue for the company. But the new revenue will only come if Netflix doesn't lose a ton of subscribers because of the price increase. In order to limit its losses, Netflix timed its price hike perfectly to...
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