By Yasin Ebrahim
Investing.com – Netflix jumped late-Thursday after the company said it would be increasing prices for its U.S. subscribers.
Netflix Inc (NASDAQ:) stock was up 5%.
The company said it would increase its standard plan by $1, to $14 a month and its premium plan by $2, to $18 a month. The move comes after the streaming giant recently reported quarterly results that missed expectations following weaker than expected user additions.
The company most recently upped its price plans in Canada.
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