CommSec’s Tom Piotrowski says Netflix shares have surged 16 per cent following a quarterly earnings report.
“It's the first opportunity investors had to respond in the day session to the numbers, there were any number of highlights in this report,” he told Sky News Australia. “The bottom line is they have pivoted in their strategy, they have cracked down on the passwords and they’ve added service which includes advertising.Mr Piotrowski said the increase in Netflix shares is the company's biggest rise since the pandemic.
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