Netflix stock slammed after earnings, as subscriber growth and revenue fall short

Netflix Inc. posted weaker-than-expected second-quarter revenue and subscriber numbers Monday afternoon, sending its stock into a sharp dive during after-hours trading. Netflix NFLX, +1.18% shares fell about 14% in the extended session after the Los ... Netflix Falls Short of Q2 Subscriber Expectations Worldwide, Stock Dives Variety Netflix Misses Q2 Subscriber Projections, Sending Shares Tumbling After HoursDeadline Netflix added 5 million customers, but Wall Street is panickingCNNMoney Motley Fool -ABC News -CNBC -Business Insider

Continue Reading...

Netflix Reports Weaker

Netflix Inc. missed its own forecasts by more than a million subscribers in the second quarter, a sign that the streaming-video site's strong momentum may be slowing. Shares of Netflix, which have more than doubled in 2018, fell 14% to $346.05 in after

Continue Reading...