Netflix Knackered – Earnings Miracle “Gains” Evaporate As FANGs Fall

Wednesday, January 20, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
01/20/2016

Mainstream business media could not stop itself from exuberating all over Netflix’ earnings last night, but apparently some sober reading overnight reminded investors that US member growth is slwoing and cash burn hit a record high. From up 10% to down 6%…NFLX is knackered and FANGs are FUBAR.

The Rest…HERE

This entry was posted on Wednesday, January 20th, 2016 at 12:12 pm and is filed under Economics, Government Evil. You can follow any responses to this entry through the RSS 2.0 feed.

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