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Netflix stock drops 13% – missed subscriber expectations
- westonplatter0 8y agoThey added 5.15 million subscribers, which was below the 6.2 million consensus. Is Wall Street always this stingy on hitting targets?
- dragonwriter 8y agoYes, usually, because hitting the consensus numbers is basically priced in by the time the actual numbers are announced.
- bb2018 8y agoIt's a pretty sizable miss. And it's not like people think it's not valuable - it's still up more way more than 50% in the year.
- kleer001 8y agoNeflix stock now 13% off!
- ChildOfChaos 8y agoIt always seems crazy to me how this works. Wall street, investors etc always expect that things can just keep growing forever, not only that, but that the rate of growth will continue to get bigger and bigger, which is why we end up with huge crashes, because it can't, there are finite realities. The crash has to happen so that growth can happen again. It seems ridiclous seeing these headlines makes it seem like Netflix is doing really bad. The fact of the matter is, if Netflix has flat growth for the next six years, something the investment community wouldn't be happy with, Netflix would have basically doubled the amount of customers it has and for a fairly well known and established brand, this is huge. I'm sure these companies most get pretty annoyed at having to live up to investor expectations and all that nonsense.