Vhteam.Com > Feeds > Netflix shares rebounded 15% in less than half a month.

Netflix shares rebounded 15% in less than half a month.

中文版 Comment
Netflix shares rebounded 15% in less than half a month.
According to foreign media reports, Netflix's share price rebounded in late summer, recovering some of its losses after publishing its second quarter earnings. Netflix shares have risen 15% since August 17 to close at $364.58 on Monday. Although still 13% below the record closing price of $418.97 on July 9, Netflix's share price last week was the strongest in the past few months. Netflix added 5.15 million subscribers in the quarter, down from Wall Street's expected 6.27 million, according to second-quarter results released in mid-July. Netflix failed to launch enough popular shows to attract audiences that season, causing the market value of the video streaming giant to evaporate by 24% in the next five weeks. Investors'optimism has recently returned, partly because Netflix will launch a series of popular content by the end of this year. At third...
The results from the Machine Translation
Read More
Relate
Publish information for free
Hots
DayWeekMonth