Netflix down about 40 percent from the highs into Wednesday feels overdone, but the setup is binary. If subscribers and the ad tier keep compounding, the derating reverses fast. If guidance disappoints again, the next leg down is ugly. I am not catching it before the print, I would rather pay up after confirmation.
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.