This picture taken on September 11, 2014 shows the on-demand internet streaming media provider, Netflix, on a laptop screen in Stockholm. The online streaming website Netflix will be launched in Germany, Austria, Switzerland, Belgium and Luxembourg mid-September. It is already operating in Scandinavian countries. AFP PHOTO/JONATHAN NACKSTRAND (Photo credit should read JONATHAN NACKSTRAND/AFP via Getty Images)
Does Wall Street understand Netflix?
During the pandemic, Netflix's stock skyrocketed off of superb subscriber growth. Now that the market cap has fallen along with subscriptions, is Wall Street to blame for never quite understanding what it was investing in?
03:09 - Source: CNN Business
Stories worth watching 16 videos
This picture taken on September 11, 2014 shows the on-demand internet streaming media provider, Netflix, on a laptop screen in Stockholm. The online streaming website Netflix will be launched in Germany, Austria, Switzerland, Belgium and Luxembourg mid-September. It is already operating in Scandinavian countries. AFP PHOTO/JONATHAN NACKSTRAND (Photo credit should read JONATHAN NACKSTRAND/AFP via Getty Images)
Does Wall Street understand Netflix?
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