✉news BusinessMarkets first seen 3 d ago, last 3 d ago, peak #1
Netflix stock sinks after Q3 earnings and weak Q4 forecast
Original: Netflix stock sinks after streamer's Q3 earnings, Q4 revenue forecast falls short of estimates
Netflix shares fell after the streaming company reported its third-quarter earnings and issued a fourth-quarter revenue forecast below analyst estimates. The weaker outlook disappointed investors, sending the stock lower following the announcement and adding to pressure on a company that has been one of the market's stronger performers this year.
Why now: Investors reacted to Netflix's earnings miss and soft revenue guidance for the fourth quarter.
Evidence
- Netflix stock sinks after streamer's Q3 earnings, Q4 revenue forecast falls short of estimates · Yahoo Finance
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