✉news BusinessMarkets first seen 3 d ago, last 2 d ago, peak #1
Netflix stock sinks as Wall Street cuts price targets after weak forecast
Original: Netflix stock sinks as Wall Street lowers price targets after streamer's Q3 earnings and Q4 revenue forecast miss
Netflix shares fell after the company's third-quarter earnings and fourth-quarter revenue forecast both came in below expectations. Wall Street analysts responded by lowering their price targets on the stock, weighing on investor sentiment toward the streaming company heading into the final quarter of the year.
Why now: Investors and analysts are reacting to Netflix's disappointing Q3 results and weaker-than-expected Q4 revenue outlook.
Evidence
- Netflix stock sinks as Wall Street lowers price targets after streamer's Q3 earnings and Q4 revenue forecast miss · Yahoo Finance
API: https://socialmediatrends-api.osmike.com/v1/trends/3116406