Netflix Stock Has a Lot to Prove This Week
The only thing that Netflix (NASDAQ: NFLX) investors can be sure of is that their stock will be on the move this week. The company behind the world's leading premium streaming video service reports financial results shortly after Tuesday's market close, and the stock isn't going to stand still in Wednesday's trading.
Six months ago the stock soared 17% -- hitting an all-time high that continues to stand today -- the next trading day after posting blowout fourth-quarter results. Three months later the shares tumbled 7% the day after posting a mixed first-quarter report. Where will Netflix go this week? Let's size up the new media darling's own guidance before sizing up the way the market will react.
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Source Fool.com
