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Netflix Stock Reaches All-Time High Amid Strong Ad Sales and New Content

The streaming giant sees a surge in share price, driven by increased advertising commitments and strategic content acquisitions.

  • Netflix's share price hit a record high of $698.54, surpassing its previous peak from 2021.
  • The company reported a 150% increase in upfront ad sales commitments over the previous year.
  • Upcoming content, including live sports and popular series, has bolstered investor confidence.
  • Analysts suggest Netflix is well-positioned for a potential price hike in its subscription plans.
  • The stock's rise contrasts with declines in other streaming services, highlighting Netflix's unique recovery.
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