Netflix (NFLX) earnings miss and weak subscriber guidance. The coronavirus stock market rally retreated Thursday, closing near session highs but with growth names lagging again. Earnings season adds another layer of risk for investors.
Netflix stock plunged overnight, wiping out nearly all the gains from its most-recent consolidation. Netflix earnings were disappointing. Meanwhile, Netflix subscriber growth was strong, but the internet TV streaming giant forecast weak gains for the current quarter.
Netflix stock plunged overnight, wiping out nearly all the gains from its most-recent consolidation. Netflix earnings were disappointing. Meanwhile, Netflix subscriber growth was strong, but the internet TV streaming giant forecast weak gains for the current quarter.