Netflix Shares Fall On Member Expectations
The streaming-video service reported better profit than it expected in the first quarter on strong new member additions, but its weak outlook for members in the current quarter pushed shares down 13% in after-hours trade.
This article was originally posted on thewrap.com
Sooner or later, the PE Margin always comes into play. Cannot spend forever and make very little (if not lose) money expecting the gravy train to roll on forever.
PE Ratios – Lesson – Don’t type while in Vegas on Portable Device.