I'm Not a Fan of This Change Netflix Made
Today's video focuses on Netflix's (NASDAQ: NFLX) most recent earnings, which triggered a massive sell-off in its stock price. The biggest reasons are the loss of subscribers this quarter and weak guidance for the upcoming quarter, when management expects a more considerable drop in members. There was also a major change in the company's shareholder letter that some investors might not be happy about. Here are some highlights from the video.
*Stock prices used were the closed market prices of April 19, 2022. The video was published on April 19, 2022.
Source Fool.com
