Netflix's NFLX.O shares are up 1.5% at $93.68
Co announced a price hike for U.S. subscribers by $2 a month for its standard and premium plans to $19.99 and $26.99, respectively, and by $1 for ad-supported plan to $8.99, according to reports
NFLX last raised prices in January last year
U.S. is NFLX's largest market
In February, NFLX walked away from a deal to buy Warner Bros Discovery WBD.O in a battle with Paramount Skydance PSKY.O
NFLX is down 0.5% YTD vs NASDAQ Composite Index's .IXIC 7.8% decrease