Netflix's recent crackdown on password sharing has resulted in a remarkable increase in user sign-ups, driving the company's stock price up over 100% since last year.
Reports indicate that Netflix experienced its largest user acquisition spike in years, with nearly 100,000 new subscribers joining daily during the month the crackdown was implemented.
This rapid growth significantly surpasses the spikes observed in 2020, highlighting strong consumer interest in the platform despite its stricter sharing policies