Netflix Shares Slides 7% in Europe Despite Q4 Earnings Beat
Netflix, Inc. (NFC.DE) shares were trading at 70.28, down 5.43 points, or 7.17%, as of 10:01 a.m. GMT+1, with markets open. The sell-off came even though Netflix exceeded expectations on both revenue and earnings, highlighting investor unease around valuation and deal-related risks. For the full year, Netflix generated $45.2 billion in revenue, representing 16% year-over-year … Read more
