Netflix stock secures record close as company touts ad sales ahead of NFL, WWE debuts

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Netflix stock just hit an all-time high. Here's what's fueling the recent rally.

) stock nabbed a closing record on Tuesday, finishing the day up more than 1% to trade just under $699 a share. The stock's previous record close was just below $692 in 2021.

Reinhard cited ad partners that include LVMH, Amazon, Hilton, L’Oreal, and Google, among others. The company will launch its in-house ad tech platform globally in 2025., upping the monthly cost to $15.49 from $13.99. It also raised the price of its Premium tier by $2 to $19.99 a month at the time; the company again raised the cost of that plan, introduced less than two years ago, which remains one of the cheapest ad plans among all of the major streaming players at $6.99 a month.

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Windtree Therapeutics Reports Second Quarter 2024 Financial Results and Provides Key Business Updates

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