Netflix shares jump as subscriber surge, live sports streaming fuel growth
Teona Gherasim
:Netflix shares soared in premarket trading on Wednesday after the company reported a blockbuster holiday quarter as a robust content line-up and its entry into live sports streaming brought in a record number of new subscribers. The streaming giant's stock surged over 14 per cent to $994.36, poised to boost its market capitalization by $53 billion to about $425 billion, if gains hold. The year 2024 was pivotal for Netflix as it ventured into live sports. It partnered with WWE, broadcast two
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