Live · updated 1 minute ago · 105 stories in 24h
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Every story about Netflix, labelled by how well it is backed, with how NFLX traded in the hours around it. RSS
2 stories about Netflix broke in the last 24 hours: 1 unverified and 1 rumor. Read for the market: 2 bearish.
The typical move is the median size of the NFLX move after a story, up or down. An unusual reaction is more than twice the normal hourly move. A move after a story is not shown to be caused by it. How it is measured
3 analysed stories about Netflix. A label describes how a story was sourced, not whether NFLX is a good investment. How labels work
Investor's Business Daily reported that Netflix stock fell as investors reacted to larger-than-expected job cuts and a report showing heavy subscriber churn in the U.S. The post attributes the decline to those two factors.
Netflix said on Wednesday that it will lay off roughly 6% of its employees, according to a memo obtained by CNBC. The job cuts will largely impact the product, tech, legal, and HR teams, and co-CEOs Ted Sarandos and Greg Peters said the business remains on track to deliver its full year forecast.
Wall Street analysts continue to sour on Netflix stock ahead of the streaming video leader's third-quarter earnings report next week, according to Investor's Business Daily. The report states Netflix stock was downgraded to sell before the Q3 report.