Why Netflix Stock Fell 11.8% Friday Morning
Shares of (NASDAQ: NFLX) fell as much as 11.8% shortly after Friday's opening bell, following a fantastic earnings report with modest guidance for the next quarter. As of 11:25 a.m. ET, the entertainment pioneer's stock had recovered slightly to a 9.7% drop.
Image source: Netflix.
Netflix's first-quarter sales rose 16.2% year-over-year to $12.25 billion. That's just ahead of management's guidance, and the consensus Street view, calling for $12.18 billion.
Source Fool.com
Netflix Inc. Aktie
64,74 €
-0,08 %
Die Netflix Inc. Aktie steht gut da: Deutlich mehr Buy- als Sell-Einschätzungen in der Community.
Für Netflix Inc. ergibt sich mit einem Kursziel von 100 € eine mögliche Steigerung von über 50% gegenüber 64.74 €.
