Netflix rises 4.5% after beating Q3 subscriber targets By Reuters

LONDON (Reuters) – Netflix (NASDAQ:) shares listed in Frankfurt rose 4.5% in early trading on Friday, after the U.S. streaming service said new third-quarter subscribers topped Wall Street estimates by 1 million.

© Reuters. FILE PHOTO: The Netflix logo is shown on one of their Hollywood buildings in Los Angeles, California, U.S., July 12, 2023. REUTERS/Mike Blake/File photo

Netflix clocked 5.1 million new streaming subscribers in the third quarter, and said it expected higher customer growth around the holidays when Korean drama “Squid Game” returns.

Shares rose 3% in after-hours trading on Thursday, having closed the regular trading session at $687.65, down 2%.