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Title: Netflix

Essay Details

Subject: Business
Author: James D
Date: August 25, 2013
Level: University
Grade: A
Length: 3 / 871
No of views: 0
Essay rating: good 0, average 0, bad 0 (total score: 0)

Essay text:

(10% HOLD, 20% STRONG SELL) o Stock fell over 20% following days after 1Q earnings update. ? Company reported larger 1Q loss (11 cents a share) and gross margin 43.6% in low end of guidance. ? Company blames falling margins on increased movie rentals per average paying customer. Netflix thus reacted by raising prices from $19...

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(10% HOLD, 20% STRONG SELL) o Stock fell over 20% following days after 1Q earnings update. ? Company reported larger 1Q loss (11 cents a share) and gross margin 43.6% in low end of guidance. ? Company blames falling margins on increased movie rentals per average paying customer. Netflix thus reacted by raising prices from $19...

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