Netflix International Growth To Pinch Q4 Profits

By | January 17, 2015

Scalper1 News

Subscription online video service Netflix (NFLX) could have queued up “Down and Out In Beverly Hills” after its last earnings report. Its stock fell 19% on Oct. 16, a day after the company gave third-quarter results and Q4 guidance that disappointed investors. Netflix stock hasn’t recovered since. The stock closed Friday at 337.34, 31% below its all-time high of 489.29, reached on Sept. 9. Netflix is scheduled to report fourth-quarter earnings on Scalper1 News

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