They aren’t stopping reporting subscriber numbers, what are you talking about? They’re dropping from reporting it twice a year to just once a year. Annual growth is really all that matters after all. What matters far more is revenue, profit, and cash flow - all of which are still reported regularly.
Stock prices falling after earnings calls is basically the norm because no matter how well they go, even beating expectations, some people wanted more - and you can’t ignore the market manipulation by big players who try to manufacture drops so they can increase their position. Spook people to sell and drop the price so they can buy more at a reduced price.
Netflix need or exceeded their targets as they have basically every single time for years. Their revenue grew double digits, their margins are getting healthier, and their viewing hours increased.
They aren’t stopping reporting subscriber numbers, what are you talking about? They’re dropping from reporting it twice a year to just once a year. Annual growth is really all that matters after all. What matters far more is revenue, profit, and cash flow - all of which are still reported regularly.
Stock prices falling after earnings calls is basically the norm because no matter how well they go, even beating expectations, some people wanted more - and you can’t ignore the market manipulation by big players who try to manufacture drops so they can increase their position. Spook people to sell and drop the price so they can buy more at a reduced price.
Netflix need or exceeded their targets as they have basically every single time for years. Their revenue grew double digits, their margins are getting healthier, and their viewing hours increased.