Netflix shares have been under pressure ever since the streaming giant reported underwhelming second-quarter results on July 16. The company posted $3.91 billion of sales and added 5.1 million subscribers, missing the $3.94 billion and 6.3 million that Wall Street analysts were expecting. Netflix also warned of subscribers would fall short of estimates in the third quarter. … [Read more...] about Netflix sinks to its lowest level in more than 3 months (NFLX)
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