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Netflix’s Post-Earnings Gain Evaporates as Tech Leads Market Lower
Netflix’s Post-Earnings Gain Evaporates as Tech Leads Market Lower
18 Oct 2018, 11:56 PM IST
(Bloomberg) -- The glow from Netflix Inc.’s blowout earnings report only lasted a day.
Netflix is still up more than 80 percent this year, ranking among the top 5 performers in the S&P 500, which has gained 3.5 percent.
To contact the reporter on this story: Jeran Wittenstein in San Francisco at jwittenstei1@bloomberg.net
To contact the editors responsible for this story: Catherine Larkin at clarkin4@bloomberg.net, Richard Richtmyer
©2018 Bloomberg L.P.
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