Netflix shares crater 23% after company reports it lost subscribers for the first time in more than 10 years

CNBC ^

[qwerty1234]

Shares of Netflix cratered more than 23% on Tuesday after the company reported a loss of 200,000 subscribers during the first quarter. It’s the first time the streamer has reported a subscriber loss in more than a decade.

The company also said it expects the losses to continue, forecasting a global paid subscriber loss of 2 million for the second quarter.

[MS.BEHAVIN]

I have been following that on The daily mail UK.
The comments were in the thousands, and almost
ALL of them said they were dropping Netflix because of
Hasbeen and Migraine.

They are so angry about how those two have treated
Her Majesty that they cancelled their accounts!
I can’t stand that Megan creature!
She’s a brass plated B*tch!

[hinckley buzzard]

Sell off came after the bell. Watch tomorrow what happens. Look at the options action tomorrow to see what the “algo”s are going to do.

[SERKIT]

They could save a lot by firing Soetoro, Big Mike, and Susan Rice.

[Tacrolimus1mg]

That and people are hemorrhaging money right now, so they’re cancelling all of their unnecessaries, so to speak. The extra $17 each month can to towards milk, bread, and eggs.

Maybe. And that would be all it could cover.

Thanks, Nixon, for dropping the gold standard and befriending Commie China, you jerk.

[minnesota_bound]

It is now:
258.66 -89.71 (-25.73%)
After hours: 8:00PM EDT
https://finance.yahoo.com/quote/NFLX?p=NFLX

Yeah!!
Maybe Disney’s ceo will figure out what will happen to them.
Maybe obama can give Netflix a loan....

I stopped my subscription earlier this year. I must have started the avalanche!

[Theoria]

Options today didn't lie. Lots of 270 and 250 puts. If TSLA holds the market tomorrow, we might get a rally.

[Bikkuri]

"I'm Gen Z"

That means that the OLDEST you could be right now, would be 25 years old.
That would also mean that you were 10 years old when you joined...

Not sure that computes...

"Anyone born between 1981 and 1996 (ages 23 to 38 in 2019) is considered a Millennial, and anyone born from 1997 onward is part of a new generation (Gen Z)."

Defining generations: Where Millennials end and Generation Z begins

[PGR88]

Typo! sorry. Gen X!

I am honored you ready my posts so closely

[Chickensoup]

Got it. Sorry I pulled the trigger to quickly

[bankwalker]

And affirmative action...

[who knows what evil?]

As a Boomer I can state that the increased number of poor decisions being made by major Corporations these days are due to the rise of Millennials into the ranks corporate management.

Spot on! Warned my wife years ago this would happen.

[Bikkuri]

Well, it WOULD be nice to be 25 again ;^D

[ronnie raygun]

great news, he and his wife donated tons of cash to these causes