Netflix stock is taking a hit, but just how much can be attributed to Reed Hastings’ exit Sarah Hunt of Alpine Woods and Geetha Ranganathan of Bloomberg Intelligence break down why investors are reacting to weak guidance and a massive $20B spending surge. (Source: Bloomberg)
What's Next for Reed Hastings?
Netflix stock is taking a hit, but just how much can be attributed to Reed Hastings' exit Sarah Hunt of Alpine Woods and Geetha Ranganathan of Bloomberg Intelligence break down why investors are reacting to weak guidance and a massive…
This article was originally published by
Bloomberg Markets
and is republished here under license.
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