GgoogleSG first seen 3 d ago, last 3 d ago, peak #3
Netflix shares fall on weak revenue and ad outlook
Original: netflix share price
Netflix reported a third-quarter earnings beat, but the stock declined after the company issued downbeat guidance on advertising and revenue. Sales growth is set to slow for a fourth consecutive quarter as the streaming giant overhauls its programming units. Co-CEO Ted Sarandos acknowledged 'we could do better', while some traders are betting the stock's recent slide may be near an end.
Why now: Investors are reacting to Netflix's quarterly results and a weaker-than-expected forecast that sent the share price down.
NetflixTed SarandosWall StreetBloomberg
Rank over time, top of the chart is #1. 29 snapshots from 3 d ago to 3 d ago.
Evidence
- Netflix Sales Growth to Decline for Fourth Quarter in a Row · Bloomberg.com
- Netflix co-CEO Sarandos says 'we could do better' after weak forecast · CNA
- Netflix gives downbeat outlook as streaming hits dry up · Financial Times
- Traders are betting Netflix's stock drama may be coming to an end · CNBC
- Netflix Revenue Growth Slows as It Overhauls Programming Units · WSJ
- Netflix posts third-quarter earnings beat, but shares fall on advertising and revenue guidance · CNBC
API: https://socialmediatrends-api.osmike.com/v1/trends/3043651