Netflix Shares Rise as Content Drives Strong Subscriber Growth

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Netflix Shares Rise as Content Drives Strong Subscriber Growth
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Netflix shares rose after the streaming company topped its own projections for fourth-quarter subscriber gains, which analysts said were driven by a strong slate of content, including “Glass Onion: A Knives Out Mystery” and “Wednesday”

for subscriber gains for the fourth quarter, while analysts weighed the impact of its plans to crack down on password sharing and roll out an ad-supported plan.

in the final quarter of the year, topping its own projections for 4.5 million new customers and pushing revenue 1.9% higher than in the same quarter a year ago.

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