Home Blockchain News Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge

Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge

by Rss Feed from web
28 views
cryptocurrency news feed

A confluence of negative factors slammed Netflix in the past quarter, resulting in subscriber numbers and other metrics exposing Netflix’s vulnerabilities – and leaving the streaming giant’s stock plunging in after-hours trading. Netflix Subscribers Wave Goodbye While earnings-per-share came in at $0.60, four cents above expectations, and revenue was only $10 million short of expectations […]

The post Netflix Stock Implodes, Subscriber Exodus Ignites 12% Plunge appeared first on CCN Markets

Click To Read Full Article

* First published on ccn.com

Related Posts

Leave a Comment