Netflix Shares Fall After Mixed Q2 Earnings Report; Execs Say “Quality And Variety” Matter As Much As View Time
Netflix shares dropped in after-hours trading Thursday after the streaming giant reported lackluster results for the second quarter. Shares, which have already fallen nearly 45% over the past year, shed 9% after the close of trading as investors processed the earnings report. It showed revenue slightly below Wall Street expectations and a narrow beat on…