Netflix Jitters: Valid Concerns Or Market Overreaction? – “One Breakout Hit Could Shift Sentiment”

Netflix shares skidded 4% Wednesday after mixed-to-uninspiring quarterly earnings as Wall Streeters cut price targets on the stock. Analysts want proof of more muscular viewer engagement. They generally agree with the streamer’s co-CEOs that the key is culturally resonant, English-language series and movies that are home runs versus “the really solid doubles and triples this […]