Tag Archives: advertising

Netflix added millions more subscribers in the fourth quarter than Wall Street expected, helping to send shares of the streamer up after the bell despite a big earnings miss. The company also disclosed that co-CEO Reed Hastings would be stepping down from his position and transitioning to the post of …

Netflix shares flourished on Wednesday after Atlantic Equities upgraded the stock from Neutral to Overweight, citing upside potential of ad-supported tier. Advertising estimates are seen as able to boost revenue by $6.7 billion over the next three years and that the average revenue.Analysts from Citigroup raised their price targets on …