Netflix stock fell more than 5% after the company beat Q3 earnings but gave a weak Q4 outlook, while co‑CEO Ted Sarandos outlined a strategy centered on originals and live events.
Posts tagged as “Netflix”
Netflix will report its next quarterly results amid a 6% staff cut, senior‑leadership turnover and a steep share decline, while analysts debate its growth path.
Netflix shares declined nearly 4% on Tuesday following news that Fox Corporation agreed to acquire Roku for $22 billion, and a report indicating Netflix's own bid was unsuccessful.
In the current situation, things have been quite weary and uncertain off late. The incumbent President of the United States, Donald Trump has once again…