Shares of Netflix rose 9.2% in after-hours trading on Wednesday to $312.69. For the third quarter, Netflix was boosted by new seasons of shows such as "Stranger Things" and "13 Reasons Why." Netflix acknowledged, however, that it was still taking a hit from price increases earlier this year in the United States. The most popular Netflix plan in the United States costs $13, nearly double the $7-per-month cost for Disney+. Total revenue rose to $5.25 billion from about $4 billion.

Source: bd News24 October 16, 2019 22:52 UTC