Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock
https://www.cnbc.com/2018/07/17/cramer-netflix-subscriber-weakness-debunks-skys-the-limit-theory.html
Netflix's weak subscribers numbers debunked the "sky's the limit" theory surrounding the stock, and now investors are taking profits, CNBC's Jim Cramer said Tuesday.
Shares of Netflix were tanking about 8 percent in midmorning trading Tuesday after the streaming giant reported membership growth numbers that came in below analyst forecasts. But so far in 2018, the stock has just about doubled in value.
Cramer: Netflix subscriber weakness debunks the 'sky's the limit' theory on the stock
Jul 17, 2018, 5:16pm UTC
https://www.cnbc.com/2018/07/17/cramer-netflix-subscriber-weakness-debunks-skys-the-limit-theory.html
> Netflix's weak subscribers numbers debunked the "sky's the limit" theory surrounding the stock, and now investors are taking profits, CNBC's Jim Cramer said Tuesday.
> Shares of Netflix were tanking about 8 percent in midmorning trading Tuesday after the streaming giant reported membership growth numbers that came in below analyst forecasts. But so far in 2018, the stock has just about doubled in value.