๐ Netflix $NFLX drops ~10% โ weak Q3 guidance and less engagement data spook the Street
Netflix beat Q2 estimates (EPS $0.80, revenue $12.56B) but Q3 guidance of $12.86B came in light, and the company said it will now report detailed engagement data annually instead of twice a year. The transparency cut hit harder than the numbers miss โ analysts slashed price targets calling it a "murky mosaic." Not financial advice. Is this a buying opportunity or a sign Netflix's growth story is actually cooling?
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