I listened to the Netflix earnings call last week. It was a doozy. The next day, the stock fell 35%, its second-biggest decline ever. The $54 billion in market cap wiped out the next day is the largest decline ever. The second-largest decline happened last quarter when the stock fell 22% and erased $49 billion in market cap.
Netflix is the leader in streaming, with ~221 million paid subscribers around the globe. But the…
Netflix is the leader in streaming, with ~221 million paid subscribers around the globe. But the…
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