I know you’ve all read the headlines that shares of Netflix got crushed by earnings this week… I mean, it was kind of hard to miss when shares tumbled 35% on Wednesday.
It’s the biggest drop the stock’s seen since 2004!
Netflix said it lost 200,000 subscribers in the first three months of the year, when analysts expected it to add 2.5 million. Even though the streaming service still has 221.64 million subscribers, the company also projected more losses next quarter…
Since Wall Street always looks ahead, those future losses were priced in darn near in an instant.
But the point of this video isn’t to talk about Netflix. It’s to show you why earnings reports are important and how they impact the price of stocks more than just about anything else four times a year…
ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day.
DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk.
DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit wealthpress.com/terms for our full Terms and Conditions.
0 Response to "What Netflix’s Earnings Crash Can Teach Us"
Post a Comment