Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’

Wall Street says Netflix's stock plunge is a ‘compelling’ buying opportunity because the streaming giant ‘never misses twice’

5 years ago
Anonymous $hM_jrxqbr-

https://www.cnbc.com/2018/07/17/wall-street-says-netflixs-stock-plunge-is-a-compelling-buying-oppor.html

Several Wall Street firms are downplaying Netflix’s big subscriber miss, remaining optimistic over the company’s attractive long-term prospects.

On Monday Netflix reported its second-quarter financial results. The company added 5.15 million memberships during the quarter missing the Wall Street consensus of 6.34 million.