NFLX she is cooked 1120 needed to be reclaimed now has a huge wall over it needs some good news to get over it 4hr shows no sign of stopping just yet tho
NFLX Now I want you to imagine if they didn’t report that $619 million one time tax expense which doesn’t affect any part of their core business which came in very strong. If you think a 12% or more drop was warranted then that’s insane. Without that tax expense they would have reported an earnings beat and with already raised guidance for full year revenue the stock wouldn’t have reacted negatively