Why Netflix, Inc. (NFLX) Stock Could Pop After Q4 Earnings
Internet movie streaming giant Netflix, Inc. (NASDAQ:NFLX) will report fourth-quarter 2016 earnings results after the closing bell Wednesday. And given the the history of NFLX stock — which tends to move some 12% to 18% in any direction after earnings — well … investors should get their popcorn ready.
With Netflix now available in more than 130 countries, the Los Gatos, Calif.-based company wants to take over the world. But taking over the world costs money — something that has pressured NFLX stock in the past.
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