Netflix rises after Bank of America says there's 'reacceleration' in mobile app downloads
Netflix is "seeing significant reacceleration" in mobile app downloads in the third quarter of 2019, Bank of America analysts wrote in a note Monday.
Bank of America credited the highly-anticipated release of the third season of "Stranger Things" for helping drive the downloads.Reed Hastings attends Reed Hastings panel during Netflix 'See What's Next' event at Villa Miani on April 18, 2018 in Rome, Italy.is "seeing significant reacceleration" in mobile app downloads in the third quarter of 2019 Bank of America analysts said in a note Monday.
Netflix downloads in the third quarter of 2019 are up 18% year over year, according to the note. In the U.S., downloads are up 6%, while international downloads are up 21%, the analysts wrote., Netflix reported a rare loss in U.S. subscribers while missing analysts expectations for international paid subscriber adds.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
I tried to give my kids everything—and then the bank calledI never wanted my boys to feel left out. So I spent money I didn’t have on fancy clothes and birthday parties. We couldn’t keep up.
Read more »
Why former NFL star Victor Cruz's mom took him on field trips to the bank as a kidOn a recent episode of the 'Kneading Dough' podcast, former NFL player Victor Cruz and his mom, Blanca, explained why they would go to the bank together when he was a kid.
Read more »
Jobless and alone: Research looks into rising suicide rates in rural AmericaThe biggest uptick in suicide rates is happening where population, and social stimulation, is measurably lower, according to a new study in the Journal of the American Medical Association (JAMA).
Read more »
Oil rises as new Saudi minister seen committed to output cutsOil prices rose on Monday after Saudi Arabia, the world's largest exporter ...
Read more »
Big Oil Leads EMEA Companies' Cash Reserves Spike To $1.2TCorporate cash piles at non-financial companies in the region saw a doubt-digit percentage rise in 2018 courtesy energy sector players.
Read more »