Wall Street Watch Wednesday: Netflix Needs More Eyes on the Prize
Filed under: Netflix, Facebook, Stocks in the News, Market News
Netflix (NFLX) is having a hard time keeping up with its past. Shares of the video service provider tumbled on Tuesday night after posting disappointing domestic subscriber numbers in its latest quarter.
Netflix closed out its September quarter with 25.1 million stateside streaming accounts. That may be 20% ahead of where it was last year, but it’s at the low end of its earlier guidance which called for 24.9 million to 25.7 million accounts.
Wall Street Watch Wednesday: Netflix Needs More Eyes on the Prize originally appeared on DailyFinance.com on 2012-10-24T06:00:00Z.
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