Netflix Loses $17 Billion in Value; That’s $135K Per Lost Subscriber

2019-7-19 02:40

Netflix reported its first decline in U. S. subscribers in more than eight years yesterday, losing 126,000 subscribers while analysts were expecting an increase of 350,000. The stock tanked by more than 10 percent today.

Big Subscriber Loss = Big Valuation Loss The miss freaked out Netflix investors, lopping $17 billion off Netflix’s still-insane valuation of […]

The post Netflix Loses $17 Billion in Value; That’s $135K Per Lost Subscriber appeared first on CCN Markets

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Netflix Bubble Bursts and These 3 Tech Stocks Could Be Next

Netflix stock plummeted 11% out of the gate despite posting better-than-expected earnings in Q2. The reason? A colossal miss in subscriber growth, the lifeblood of the debt-ridden media giant. Now that Wall Street appears to be waking up to overvaluations, here are three tech stock bubbles – Beyond Meat, Uber, and Tesla – that might […] The post Netflix Bubble Bursts and These 3 Tech Stocks Could Be Next appeared first on CCN Markets

2019-7-18 21:45