Netflix Misses Subscriber Forecast in Q3, Stock Falls

Netflix’s growth in the third quarter cooled considerably after its massive COVID-fueled bump in the first half of 2020. The company netted 2.2 million subscribers in the third quarter of 2020 — below Wall Street’s expectations and under the Netflix’s own previous forecast. The streaming giant also posted net earnings below analyst consensus estimates. Shares […] …read more

Source:: Yahoo Finance

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