Qwikster calamity socks Netflix stock

After trading at more than $300 in July, Netflix (NFLX -34.90%) was hovering around $77 a share Tuesday. It’s all because of an earnings report after the bell Monday that showed customers left in droves and revenue missed forecasts by a mile. The culprit is obvious: the ill-advised Qwikster scheme that aimed to split Netflix’s…
Read More

Exit mobile version