Netflix Misses Earnings. What It Means For The Nasdaq And Broader Market
The big news after hours today was the drop in shares of Netflix (NFLX) after a "swing and a miss!" sent shares lower on an anticipated earnings report. In tonight's video, Corey walks you through the "Earnings Expected Move," what levels to watch overnight, and how NFLX will likely affect the Nasdaq and broader market into Friday's session.
Video length 00:10:16
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Since projected earnings are a mix of wishful thinking and CEO's "sunshine" it is entirely reasonable that at times they are not met. We all know that any CEO not spouting sunshine at all, but delivering truthful bad news would be out on the street before noon. So somebody's wish was not quite achieved. Oh Well.