U.S. Markets closed
  • S&P Futures

    4,174.50
    +5.50 (+0.13%)
     
  • Dow Futures

    34,348.00
    +30.00 (+0.09%)
     
  • Nasdaq Futures

    13,419.25
    +32.25 (+0.24%)
     
  • Russell 2000 Futures

    2,225.70
    +3.00 (+0.13%)
     
  • Crude Oil

    65.50
    +0.13 (+0.20%)
     
  • Gold

    1,847.10
    +9.00 (+0.49%)
     
  • Silver

    27.60
    +0.24 (+0.86%)
     
  • EUR/USD

    1.2151
    +0.0066 (+0.5468%)
     
  • 10-Yr Bond

    1.6350
    -0.0330 (-1.98%)
     
  • Vix

    18.81
    -4.32 (-18.68%)
     
  • GBP/USD

    1.4100
    +0.0048 (+0.3412%)
     
  • USD/JPY

    109.3820
    -0.0520 (-0.0475%)
     
  • BTC-USD

    45,705.45
    -2,403.18 (-5.00%)
     
  • CMC Crypto 200

    1,398.33
    +39.77 (+2.93%)
     
  • FTSE 100

    7,043.61
    +80.28 (+1.15%)
     
  • Nikkei 225

    28,084.47
    +636.47 (+2.32%)
     

Why Netflix Stock Popped Today

Rich Smith, The Motley Fool
·2 min read
Why Netflix Stock Popped Today
  • Oops!
    Something went wrong.
    Please try again later.

Bad news for Netflix (NASDAQ: NFLX) customers turned into good news for Netflix shareholders Thursday, as rumors that the company is cracking down on password sharing were quickly confirmed by Netflix itself. As CNBC reports, roughly one-third of customers who subscribe to Netflix share their passwords with family and friends and passing acquaintances who live outside their homes. Historically, Netflix has been OK with this, preferring to consider it a way to give unofficial free trials to prospective paying customers, rather than crack down on the trend as virtual theft of its services.