Netflix shares jump on strong subscriber tally

Netflix shares hit an all-time high on Friday, buoyed by investor optimism that its robust content lineup will help the streaming giant maintain upbeat subscriber growth even as the boost from its password-sharing crackdown wanes. The company, widely seen as the winner of Hollywood's streaming wars, saw its stock rise nearly 10 per cent and was set to add more than $28 billion to its market value of about $295 billion, if gains hold.

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