The week ahead is a major one for Netflix stock as the internet television network broadcasts two NFL games and releases "Squid Game 2." The post Netflix Preps For Big Week: 2 NFL Games, 'Squid Games 2' appeared first on Investor's Business Daily.
The Dutch Data Protection Authority (Dutch DPA) fined Netflix 4.75 million euros (about $4.95 million), saying that between 2018 and 2020, the company did not give its customers enough information about what it does with their personal data.
Netflix (NFLX -0.24%) shares hit another all-time high last week, prompting another analyst to jack up a seemingly dated price target on Wednesday of this week. Benjamin Swinburne at Morgan Stanley is raising his goal for the streaming video pioneer to $1,050.
I reiterate my "buy" rating on Netflix with a price target of $1,107, representing a 20% upside from current levels. In Q3 FY24, Netflix demonstrated its commitment to continue investing in its content slate across TV shows, movies, games and live events to boost user acquisition and engagement. With its Paid Memberships growing 14.4% YoY, its UCAN segment drove most of the revenue and ARM growth, while its operating margins expanded at the same time.
Dutch authorities fined video streaming giant Netflix 4.75 million euros ($4.98 million) Wednesday over its handling of subscribers' personal data, which it said was unclear or incomplete in several respects.
Netflix (NFLX) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
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Netflix Inc (NASDAQ:NFLX, ETR:NFC) has been slapped with a €4.75 million ($4.98 million) fine by The Dutch Data Protection Authority after not informing customers over personal data usage. Consumers were not properly informed about how the streaming service used their personal data between 2018 and 2020, the watchdog said on Wednesday.
Netflix stock has had a solid year, rising by almost 90% year-to-date, trading at about $920 per share currently. This compares to rival Disney, which has gained about 26% over the same period.
The Dutch Data Protection Authority (DPA) said on Wednesday it fined Netflix 4.75 million euros ($4.98 million) for not properly informing customers about its use of their personal data between 2018 and 2020.
Mahoney Asset Management CEO Ken Mahoney joined Market Domination to discuss the potential for a stock split at Netflix (NFLX). Mahoney noted that Netflix is no stranger to stock splits, having previously executed them in February 2004 and July 2015.
Netflix (NFLX) closed at $921.08 in the latest trading session, marking a +0.24% move from the prior day.