Home > Netflix Loses $14 Billion In Market Value

News
Netflix Loses $14 Billion In Market Value

Description

On Wednesday, Netflix sank as much as 6%. The dip came after Netflix missed expectations for third-quarter subscriber growth and profits. The streaming titan added 2.2 million subscribers over the three-month period, less than Wall Street's 3.3 million estimate. According to Business Insider, Netflix revenue beat expectations, earnings per share of $1.74 missed the $2.13 Street estimate. The stock tumble saw as much as $13.9 billion erased from Netflix's market cap.

Added on the 21/10/2020 11:00:53 - Copyright : Wochit

To customise your video :

Or Create an account

More videos on the subject

  • Stellantis Spotlight October 14, 2022

    "Stellantis Spotlight" is a weekly recap of some of the major stories at Stellantis. The top stories for the week ending October 14, 2022, include Mopar charging up for the 2022 Specialty Equipment Market Association (SEMA) Show, Jeep brand’s Rebelle Rally teams race to the finish line and Stellantis employees earn more diversity honors.

    17/10/2022 - Auto Moto EN
  • Spanish Stock Market falls 0.60% and loses 8,900, dragged by banks

    Madrid, Oct 13 (EFECOM) .- The Spanish Stock Exchange increases the losses of the opening and in the first measures it drops 0.60% and 8,900 points, dragged by the banks, in a day full of macroeconomic data, among the which highlights the publication of US inflation.

    13/10/2021 - EFE Inglés
  • Spanish stock market falls 0.63 percent, loses 8,900 points

    Madrid, 11 oct (EFE).- The Spanish stock market fell 0.63 percent Monday and has lost 8,900 points affected by the fall in large stocks and some European markets, according to market data.(Camera: EFE)

    11/10/2021 - EFE Inglés
  • Japan posted $ 14.9 billion current surplus in August

    Tokyo, Oct 8 (EFE/EPA).- Japan registered a current surplus of 1.67 trillion yen ($ 14.9 billion) in August, its 86th consecutive month in positive terms.The figure represents a decrease of 20.1 percent compared to August 2020, as well as 19 percent less than the surplus in July, according to preliminary data published by the Finance Ministry.Trade balance in August showed a deficit of 372.4 billion yen, in contrast to the surplus of more than double that value registered a year earlier. (Camera: ARCHIVE).ARCHIVE FOOTAGE OF TOKYO, JAPAN.

    08/10/2021 - EFE Inglés
  • Spanish Stock Market turns around, falls 0.45% and loses 9,000 points

    Madrid, Sep 28 (EFECOM) .- The Spanish Stock Market has turned around, and almost an hour after the opening it loses 0.45% and the level of 9,000 points, in a day in which investors have the focus on oil, debt, inflation and central banks.

    28/09/2021 - EFE Inglés
  • Obama attends arrival ceremony in Laos

    U.S. President Barack Obama attends an outdoor arrival ceremony in heavy rain, as the first sitting U.S. president to visit Laos. Rough Cut (no reporter narration).

    06/09/2016 - Reuters EN

More videosNews

Watch video of  - DemainEntreprendre - épisode 12 - Label : Economie wallonne -
News

DemainEntreprendre - épisode 12

29/04/2021 12:55:32