Bearish
Netflix raises UK subscription prices by up to 33%, stock drops 4%
Netflix has increased subscription prices in the UK, with the ad-supported Standard plan rising by 33% to £6.99 per month. This move has led to a 4% decline in the company's stock price.
Key points
- Netflix's UK subscription price hike leads to 4% stock drop.
- Ad-supported Standard plan price increases by 33% to £6.99/month.
- Standard and Premium ad-free plans also see price increases.
Sources
AI-generated from public news sources. Not financial advice.
