Netflix loses subscribers, but stops the bleeding



Investors were clearly happy with the results. Netflix’s stock jumped 8% on Tuesday in after hours trading.

Netflix said it would add another one million subscribers in the third quarter, which were a bit softer than Wall Street expectations.

So with Wall Street, Hollywood and the media world all hyper-focused on Netflix’s subscription numbers, the company momentarily stopped the bleeding during a nightmare year.

This is a developing story.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *