Markets

Netflix slides 6% after missing 3rd-quarter subscriber growth and profit targets

Netflix sank as much as 6% in early Wedne sday trading after missing expectations for third-quarter subscriber growth and profits. The streaming titan added 2.2 million subscribers over the three-month period, missing Wall Street’s 3.3 million estimate. While revenue beat expectations, earnings per share of $US1.74 missed the $US2.13 Street […]
Netflix slides 6% after missing 3rd-quarter subscriber growth and profit targets