Technology
Why Netflix shares are down 10% – Yahoo News Australia
Today after the bell, Netflix reported its Q2 financial performance. What happened to the high-flying Netflix, a company that you might have expected to report growth bolstered by the fact that many consumers in its home market are confined to their homes? …
Today after the bell, Netflix reported its Q2 financial performance. After its second-quarter numbers were out, the popular video streaming service saw its value drop sharply, with its shares off 10% in after-hours trading as of the time of writing.
What happened to the high-flying Netflix, a company that you might have expected to report growth bolstered by the fact that many consumers in its home market are confined to their homes? The company not only failed to produce Q2 numbers that invest…
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