Netflix Rose Nearly 3% in Morning Trading After JPMorgan's Prediction

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Netflix Rose Nearly 3% in Morning Trading After JPMorgan's Prediction

Tiger Newspress2022-10-10

NFLX rose nearly 3% in morning trading after JPMorgan's prediction.JPMorgan Analyst Doug Anmuth estimated in a new note on Monday that NFLX could drive 7.5 million subscribers to its ad-supported tier in its US/Canada segment in 2023. That alone will help drive $600 million in advertising sales in 2023 for the segment. Anmuth expects those numbers to swell by 2026 as Netflix's execution on selling ads improves.

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DZL
·2022-10-11
Nice
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- DZL:
  good one
  2022-10-11
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Kiwii
·2022-10-10
Halo
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Dindindino
·2022-10-10
Ok
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