Netflix Stock Price Makes New High as New TV Interface Unveiled
Netflix (NASDAQ: NFLX), a leader in the streaming industry, announced a significant overhaul of its TV streaming interface. This news came on the same day that rival Disney (NYSE: DIS) continued to show growth in it’s own direct to consumer service Disney+, with the stock gaining more than 10%; indicating a commitment from Netflix to stay one step ahead of the curve.
These updates are part of Netflix’s broader strategy to enhance user interaction and retain its subscriber base amidst increasing competition from other streaming services. As consumers have more choices than ever before, providing a seamless and enjoyable user experience is crucial for Netflix to maintain its market position.
The stock hit a new 52 week high of $1,164 in…
