Netflix stock slides on disappointing subscriber growth in Q2
Shares of Netflix (NFLX) fell sharply on Monday after the streaming giant reported lower than expected subscriber growth for the second quarter. Meanwhile, revenues and earnings increased, helped mainly by the company’s aggressive expansion initiatives outside the US. The results came in above analysts’ forecast. Adjusted net income jumped to $384 million or $0.85 per … Continue reading Netflix stock slides on disappointing subscriber growth in Q2
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