0.000105663567202083 0.000422654268808181 0.00137256973795442 0.000950972104818295 0.00116229923922231 0.000950972104818295 0.00116229923922231 0.00116229923922231
Sign Up Today X
Thanks for submitting the form.
Stockreport

Italian court rules every Netflix price hike from 2017 to 2024 unlawful and orders the company to refund subscribers up to 500 euros [Yahoo! Finance]

Netflix, Inc. (NFLX)  More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
But for users in Italy, they may soon receive some monetary compensation for nearly a decade's worth of price jumps. A court in Rome has ruled that Netflix's subscription price increases in Italy over the past seven years were illegal, declaring them void under the country's consumer protection code and ordering the company to reimburse affected subscribers. There are roughly 5.4 million Netflix subscribers in Italy, or about 2% of its 325 million global total, according to Italy's communications authority. The ruling, brought forward by consumer advocacy group Movimento Consumatori, found that Netflix violated Italian law by raising fees between 2017 and January 2024 without providing valid justification to subscribers. Under the decision, Netflix must reduce current subscription fees to pre-hike levels; reimburse overpaid amounts; and publish notice of the April 1 ruling on Netflix Italia's website as well as in major national newspapers. According to lawyers representing th [Read more]
IMPACT SNAPSHOT EVENT TIME: NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
NFLX alerts
from News Quantified
NFLX
NEWS
NFLX
Earnings
NFLX
Analyst Actions
NFLX
SEC Filings
Stockreport

Italian court rules every Netflix price hike from 2017 to 2024 unlawful and orders the company to refund subscribers up to 500 euros [Yahoo! Finance]

Netflix, Inc.  (NFLX) 
More Company Research Source: Yahoo! Finance
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
But for users in Italy, they may soon receive some monetary compensation for nearly a decade's worth of price jumps. A court in Rome has ruled that Netflix's subscription price increases in Italy over the past seven years were illegal, declaring them void under the country's consumer protection code and ordering the company to reimburse affected subscribers. There are roughly 5.4 million Netflix subscribers in Italy, or about 2% of its 325 million global total, according to Italy's communications authority. The ruling, brought forward by consumer advocacy group Movimento Consumatori, found that Netflix violated Italian law by raising fees between 2017 and January 2024 without providing valid justification to subscribers. Under the decision, Netflix must reduce current subscription fees to pre-hike levels; reimburse overpaid amounts; and publish notice of the April 1 ruling on Netflix Italia's website as well as in major national newspapers. According to lawyers representing th [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NFLX
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS