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Topline
Netflix shares rallied to their highest price in more than a year Monday as analysts projected billions of dollars in fresh revenue stemming from the streaming service’s high-profile crackdown on password sharing among users and cheered on the ongoing Hollywood strike as a possible justification for further gains.
Key Facts
Netflix stock jumped as much as 3% to $457 in Monday morning trading, hitting their highest level since February 1, 2022.
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