Netflix Stock Jumps After Reporting Nearly 5 Million Customers on Ad Plan, With Over 25% of New Subscribers Taking Ad-Supported Tier
Shares of Netflix jumped more than 10% Thursday on news that the streamer had signed up almost 5 million customers for its ad-supported plan within six months of launch and that more than 25% of new signups are on the advertising tier. At Netflix’s first-ever upfronts event Wednesday — held virtually — the company announced […]