Skeptical Wall Street Dings Netflix On Soft Revenue Forecast
Headline from Deadline
Netflix numbers for the third quarter are out and Wall Street is not impressed, dinging the giant streamer’s stock in particular for its softer than expected revenue forecast. “It’s a more competitive landscape and they need to make some changes,” Mark Mahaney, an analyst at Evercore, said on CNBC T…
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Netflix numbers for the third quarter are out and Wall Street is not impressed, dinging the giant streamer’s stock in particular for its softer than expected revenue forecast. “It’s a more competitive landscape and they need to make some changes,” Mark Mahaney, an analyst at Evercore, said on CNBC T…
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