Netflix is rallying back in premarket as Wall Street analysts defend stock after mixed earnings

Netflix is rallying back in premarket as Wall Street analysts defend stock after mixed earnings

5 years ago
Anonymous $Dftgs0JzgE

https://www.cnbc.com/2019/01/18/analyst-react-to-netflix-earnings.html

Netflix shares fell in premarket trading after the company reported mixed earnings, beating on subscriber growth but missing on revenue on Thursday.

But the stock was quickly paring that decline as major analysts came out and defended the company on Friday morning. After losing more than 3 percent in premarket trading, the stock was just down a little less than 1 percent with 20 minutes to go before the opening bell.