Netflix stock surges 16% after Wall Street buys into ad-driven subscriber growth

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Netflix stock surges 16% after Wall Street buys into ad-driven subscriber growth
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Netflix said its ad-based tier saw a 70% jump in subscribers.

The streaming giant reported a number of victories including a 70% jump in its new ad-supported subscription tier.

Wednesday's report extended a return to growth for Netflix — after the company in April 2022 recorded its

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