Shares of Netflix (NASDAQ: NFLX) soared after the video streaming company posted strong fourth-quarter results and offered an upbeat outlook. The stock has nearly doubled over the past year, extending a winning streak that has made Netflix one of the past decade's biggest winners with a gain of more than 1,

The lowest-price, ad-supported option for the streaming service will cost $7.99 a month, an increase of $1.

To justify the latest price hikes, the second round in just over a year, Netflix promises a slate of new content in 2025. “When you’re going to ask for a price increase, you better make sure you have the goods and the engagement to back it up,

Just after announcing that it added 19 million new subscribers, Netflix announced that it's raising prices for all 302 million U.S. subscribers. In its quarterly earnings report for the end of last year,

A strong slate of recent original shows and live events is likely to have encouraged people to sign up for the streaming service.