netflix inc nflx stock is trading higher friday amid reports of a subscription bump from the passwordsharing crackdown the streaming firm gathered more new subscriptions in the us between may 25  may 28 shortly after it informed users in the us and overseas than in any other fourday period since antenna began compiling such data in 2019 the wall street journal reports also read growth no more netflix tightens belt with 300m spending cut amid streaming war netflix said over 100 million people worldwide watch netflix content using borrowed passwords the company’s recent move forced users who share an account outside the same home to pay an additional 799 monthly to watch it also limited the number of extra members customers could add to their account depending on the service tier shares of netflix have risen by 13 since the passwordsharing crackdown took effect on may 23 in 2022 netflix suffered two consecutive quarters of subscriber losses for the first time its subscriber base started growing again over the past few quarters but at a much slower pace than during the early days of the pandemic price action nflx shares traded higher by 260 at 41928 on the last check friday