Netflix Shares' Wild Ride, Tesla Earnings on Tap, and Fresh Market Lows 04/19/23
Morning Call
00:00
The Reversal in Eflix's Soft Guidance
We saw this huge reversal when it comes in efflix after an earnings beat but soft guidance what do you think that investors saw that changed their mind about the streamer. The love is blind issue we think for now is an isolated event obviously the company is quite early in its efforts around live events and and those types of live reunions or things like that if this is a problem that recurs then i think we start to become a bit more concerned about this type of particular issue. We still see the the environment for for content as fairly competitive and aggressive but nephlix does still maintain that leadership position in content spend despite leveling off right? Andrew ramen james equity research
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