Netflix shares rose earlier this week on a fine earnings report Wednesday that Wall Street thought would be terrible. Then they fell.
Netflix's third-quarter earnings on Wednesday alleviated some fears that the streaming company might be floundering just as new rivals like Disney Plus and Apple TV Plus were set to launch. Strong international growth signaled that Netflix was still the high-growth company investors thought. But the company's fumble on its home turf in the US raised questions about Netflix's pricing power looking ahead. Visit Business Insider's homepage for more stories.
Netflix's third-quarter earnings on Wednesday alleviated some fears that the streaming company might be floundering just as new rivals like Disney Plus and Apple TV Plus were set to launch. Strong international growth signaled that Netflix was still the high-growth company investors thought. But the company's fumble on its home turf in the US raised questions about Netflix's pricing power looking ahead. Visit Business Insider's homepage for more stories.
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