Why Netflix Stock Was Slumping Today
Shares of Netflix (NASDAQ: NFLX) were sliding today in spite of a solid third-quarter earnings report last night.
The streaming giant delivered strong revenue growth, meeting estimates, but its profits were dinged by a Brazilian tax issue. That and the stock's premium valuation seemed to lead to the sell-off, and the stock was down 10% as of 11:29 a.m. ET.
Image source: Netflix.
Source Fool.com
Netflix Inc. Aktie
82,02 €
-1,39 %
Starkes Kaufinteresse bei Netflix Inc., mit einer großen Anzahl an Buy- und wenigen Sell-Einschätzungen.
Bei einem Kursziel von 110 € für Netflix Inc. deutet sich eine Steigerung von über 20% vom aktuellen Kurs von 82.02 € an.


