Netflix Earnings: The Good, the Bad, the Ugly
Netflix (NASDAQ: NFLX) stock often swings by double digits following its earnings report.
With its highly anticipated fourth-quarter earnings report Tuesday night, the first since the launch of Walt Disney's Disney+ streaming service, investors were expecting another big move. However, the streaming champ issued decidedly mixed results that left the market puzzled. The stock rose a few points in after hours trading Tuesday, but shares were down 3% in afternoon trading on Wednesday.
Let's take a look at the key numbers on all sides.
Source Fool.com