Netflix (NASDAQ:NFLX) shares were trading higher on Wednesday.
A survey by Jefferies analysts showed international customers would be willing to pay more for the service. The strength also potentially due to concerns of a resurgence in coronavirus cases, which could be a positive catalyst for streaming services and other at-home entertainment platforms.
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Netflix shares were trading up 3.01% at $449.24 at the time of publication on Wednesday. The stock has a 52-week high of $458.97 and a 52-week low of $252.28.
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Netflix Reports Q1 Sales Beat, Streaming Subscriptions Up 22.8%
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