Netflix shares up 5 percent after solid emmys performance
Netflix shares up 5 percent after solid emmys performance"
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Co-founder and CEO of Netflix Reed Hastings Albert Llop | Anadolu Agency | Getty Images Netflix shares closed about 5 percent higher Tuesday after cleaning up at the Emmys Monday night. The
company took home 23 honors at the television awards ceremony. Netflix tied with HBO, which had previously been the top network award winner for 16 years. "The Crown" took home
five awards, with "Black Mirror" and "Godless" taking home statues as well. Netflix has been doubling down on its original content budget, spending up to $8 billion on
original content in 2018. It is estimated to have around 1,000 original series by the end of this year. it received 112 nominations, four more than HBO. Though prices have fluctuated
throughout the year, Netflix shares are still up more than 90 percent year-to-date.
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Netflix shares up 5 percent after solid emmys performanceCo-founder and CEO of Netflix Reed Hastings Albert Llop | Anadolu Agency | Getty Images Netflix shares closed about 5 pe...
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