Netflix stock gains on WSJ report of subscriber boost
<p>Shares of <a href='https://financialmodelingprep.com/financial-summary/NFLX'>Netflix (NASDAQ:NFLX)</a> experienced more than 2% gain on Friday, further boosting its recent progress, following a report from The Wall Street Journal. The report stated that the company's new stance on password sharing in the US has led to a considerable increase in subscribers.</p>
<p>Based on data from Antenna, Netflix saw an unparalleled four-day surge in new US subscriptions right after it introduced password-sharing restrictions in the US and other markets. The recent rise in subscriber numbers points to the success of Netflix's anti-password-sharing strategy.</p>
<p>As part of the new policy, users sharing an account beyond the same household will have to pay an additional $7.99 monthly. The extent of additional members a customer can add to their account is also now restricted, based on their subscription tier.</p>

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