Netflix reported its first decline in U.S. subscribers in more than eight years yesterday, losing 126,000 subscribers while analysts were expecting an increase of 350,000. The stock tanked by more than 10 percent today. Big Subscriber Loss = Big Valuation Loss The miss freaked out Netflix investors, lopping $17 billion off Netflix’s still-insane valuation of […]
The post Netflix Loses $17 Billion in Value; That’s $135K Per Lost Subscriber appeared first on CCN Markets
source https://www.ccn.com/news/netflix-loses-17-billion-in-value-thats-135k-per-lost-subscriber/2019/07/18/
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