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

Link: https://www.cnbc.com/2019/10/16/netflix-q3-2019-earnings.html

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?