Netflix (NFLX) stock slid as much as 9.6% Friday after the company gave a second quarter revenue forecast that missed estimates and announced it would stop reporting quarterly subscriber metrics closely watched by Wall Street. On Thursday, Netflix guided to second quarter revenue of $9.49 billion, a miss compared to consensus estimates of $9.51 billion.
Posts published by “Becki Menjivar”
Companies are flocking to the Middle East to raise capital just as they did in 2008. But funds say they are being more strategic about investments...