July 18 – Netflix (NASDAQ:NFLX) slipped around 2% in early trading Friday after posting record second-quarter revenue and raising its full-year guidance, as concerns over shrinking margins tempered investor enthusiasm. The streaming giant reported revenue of $11.08 billion and earnings of $7.19 per share, both narrowly beating Wall Street estimates. It now expects full-year revenue to reach up to $45.2 …
Read More »Netflix Stock Hit After Margin Forecast Offsets Blowout Second Quarter
