Description: Shares of Netflix surged 8% in premarket trading after the company late Wednesday released its earnings report for the third quarter. The company reported mixed results, with an earnings beat and a miss on domestic subscriber adds, while revenue slightly missed analysts’ expectations.
Source: CNBC.com – video report
Date: Oct 16, 2019
Questions for discussion:
- Summarize the key reasons for investors’ responses to the stock.
- Where do you see the firm headed, from a financial point of view?