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Stock impact report

Stock Market Today, March 26: Netflix Stock Rises After Raising Subscription Prices [Yahoo! Finance]

Warner Bros. Discovery, Inc. - Series A (WBD) 
Company Research Source: Yahoo! Finance
at $93.32, up 1.13%. The stock moved higher as investors reacted to fresh subscription price hikes. Investors will watch how pricing power and live-sports execution affect subscriber and revenue growth. Trading volume reached 58.3 million shares, coming in nearly 22% above its three-month average of 47.8 million shares. Netflix IPO'd in 2002 and has grown 77,901% since going public. How the markets moved today S&P 500 (SNPINDEX:^GSPC) fell 1.74% to 6,477, while the Nasdaq Composite (NASDAQINDEX:^IXIC) lost 2.38% to finish at 21,408. Within streaming entertainment, industry players were mixed as Walt Disney (NYSE:DIS) closed at $94.75, down 1.25%, while Warner Bros. Discovery (NASDAQ:WBD) ended at $27.07, slipping 0.55%. What this means for investors Today, Netflix adjusted its pricing structure across all tiers, boosting subscriptions by at least $1. Its ad-supported plan moved from $7.99 to $8.99 per month while the standard and premium plans each jumped by $2 per month. Th Show less Read more
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