- Netflix dropped 5% Friday notwithstanding solid earnings.
The Wall Street Journal notes that in an elevated market “good results may not be good enough.” Shares fell 5% on Friday despite the streaming giant reporting a beat on both the top and bottom lines and raising its full-year guidance. - “An overall ‘good’ set of results and guidance were not good enough for elevated expectations,” William Blair analyst Ralph Schackart.
Team & Business Development
We are adding 3 leaders to the business dev team at Becker Business Media. Short