Connect with us


Why Netflix stock is going haywire after its latest earnings report – Yahoo Finance

This is why Netflix shares are really going bonkers after the company’s latest earnings report.



post featured image

Wall Street is right to disregard a rare earnings miss from streaming king Netflix.
Netflix (NFLX) shares exploded 13% in pre-market trading on Wednesday, indicating the stock will open at a record high despite the earnings shortfall on Tuesday evening. To be sure, the report had a lot of fodder for the Netflix bulls to take on the bears roaring about the earnings miss.
The company surpassed 200 million paid subscribers for the first time, powered by a world continuing to consume large amounts of…

Click here to view the original article.

Continue Reading

You might also like ...

Article feature image
4 SPAC Mergers Worth $16 Billion Were Announced on Wednesday – Barron’s
Article feature image
Covid vaccine set to trigger fastest retail sales growth in over two decades – NBC News
Article feature image
As the vaccine rollout gathers pace, this could be the ‘trade of the decade’ – MarketWatch