Here's Why Netflix Fell Despite A Q2 Earnings Beat And Raise
NFLXNetflix(NFLX) Seeking Alpha·2024-07-23 02:47
hapabapaDespite Netflix’s (NASDAQ:NFLX) post-earnings dip earlier this year, the stock has gradually climbed towards all-time highs, buoyed by optimism on its deepening foray into live sports streaming. This is further reinforced by a measured impact to ARM in 2Q24, despite dilution from an increasing subscription mix towards lower-priced ad-tier members. This continues to preserve Netflix’s growth trajectory, which management has narrowed the guidance for from the previous 13% to 15% range to now 14% t ...