Netflix Shares Fall After Mixed Q2 Earnings Report; Execs Say “Quality And Variety” Matter As Much As View Time

Netflix shares fell ~9% after the close as Q2 results were described as lackluster, adding to an already ~45% decline over the past year. The selloff suggests investors took a cautious view of earnings quality, driving negative sentiment into the next earnings cycle.

Analysis

Netflix shares fell ~9% after the close as Q2 results were described as lackluster, adding to an already ~45% decline over the past year. The selloff suggests investors took a cautious view of earnings quality, driving negative sentiment into the next earnings cycle.