moody's CBS Moonves

Netflix was a big stock share price winner for the week of June 27, according to Cablefax’s week in review of telecom and media stocks. It rose 9.31%, closing at $96.67, after a positive report came out from Canaccord Genuity analyst Michael Graham. He predicted a strong 4Q and growth through 2018. Meanwhile, on the losing side was MSG Networks, down 4.59% and closing at $15.19 a share, and Lionsgate, which announced its long-anticipated plan to acquire Starz last week. The stock fell 3.87% over the week, closing at $19.85 a share.

Last week’s stock price winners:

1. BLNDER TONGUE:…………………………………………………0.51……… 15.91%
2. SPRINT NEXTEL:…………………………………………………..4.53……….. 9.95%
3. NETFLIX:……………………………………………………………..96.67……….. 9.31%
4. SHENTEL:……………………………………………………………38.85……….. 8.01%
5. CHARTER:…………………………………………………………232.29……….. 7.14%

Last week’s stock price losers:

1. MSG NETWORKS:………………………………………………..15.19………(4.59%)
2. LIONSGATE:………………………………………………………..19.85………(3.87%)
3. SEACHANGE:………………………………………………………..3.28………(2.96%)
4. ARRIS GROUP:……………………………………………………21.27………(0.89%)
5. GRAY TELEVISION:……………………………………………..10.83………(0.64%)

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Netflix Raising Prices Again

Netflix is upping its pricing plans for customers in the U.S. and Canada to help offset growing content costs. Reuters was first to report the change. The streamer’s standard plan now starts at $15.49/month

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