ST Alpha - "Netflix stock down almost 40% now from yesterday @ 210 -- (link*)" (Reading a Post)

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Netflix stock down almost 40% now from yesterday @ 210 -- (link*)

Posted by budice Apr 20 '22, 07:11

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https://finance.yahoo.com/quote/NFLX/ (finance.yahoo.com)

Responses:

Lost in all of this is that they solidly beat earnings predictions. - Inigo Apr 20, 07:27 8
- Sure, but crazy growth is what supports super high P/E ratios - Reagen Apr 20, 08:00
- I think I read that subscribers count is expected to drop next quarter as well? -- nm - ty97 Apr 20, 07:45 3
  - Expecting to lose two million subscribers next quarter -- nm - LMS Apr 20, 08:11
  - I wonder what percentage of the loss is from Ukraine and them stopping streaming in Russia -- nm - decline Apr 20, 07:48 1
    - russia was 700k I heard this morning. -- nm - amanda Apr 20, 07:55
- If they beat predictions with less subscribers, it means that their costs were lower, probably. - Marlowe Apr 20, 07:40 1
  - It's probably more that raising their prices had a short term effect both in raising overall earnings and in lowering the amount of new subscribers. -- nm - Inigo Apr 20, 07:43
- right? that's what I noticed right away and then the bottom fell out -- nm - Beaker Apr 20, 07:39
holy shitsnacks -- nm - Beaker Apr 20, 07:14

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