Netflix Inc. (NFLX) Jumped To A New High Following Changes

Netflix Inc. (NFLX) announced Tuesday that it is separating its unlimited streaming and unlimited DVD plans in the U.S. Members will now have the choice of a streaming-only plan, a DVD-only plan or the option to subscribe to both.

Netflix Inc. gapped open sharply higher Wednesday, but traded in a range for the bulk of the session. The stock finished up by 7.46 at $298.73. Netflix has been climbing for the past 3 weeks and closed at a new high for the year.

by RTTNews Staff Writer

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