Netflix’s market cap jumped by $30B after company reported 2.4M new subscribers
After two straight quarters of subscriber losses, which wiped billions of dollars of its market cap, Netflix bounced back in Q3. The streaming giant reported 2.4 million new paid subscribers between June and September, causing its shares to skyrocket more than 18%. According to data presented by Augusta FreePress, Netflix’s market cap jumped by more than $30bn after the last earnings...
Read More