Netflix Stock Jumps After Company Reports Record Sign-Ups

Netflix stock (NFLX) surged, after the streaming service reported the highest-ever level of quarterly subscriber gains and said it plans to raise U.S. prices across the board.

In recent premarket action, Netflix stock stood more than 14% higher, at over $995 a share.

If gains hold through regular trading hours, the stock would set a new record close.

The all-time closing high is $936.56, reached on Dec. 11, according to Dow Jones Market Data.

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