Key Highlights
- Is this short-term noise, or are there longer-term concerns about Netflix stock?
- 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) stock was down as much as 7% in pre-market trading and off roughly 4% on Wednesday to around $83.40 per share -- a 52-week low.
- The catalyst is the streamer's fourth-quarter earnings report, which many investors found disappointing.
- The Q4 results themselves were solid and beat analysts' estimates.
- Netflix posted revenue of $12.05 billion -- up about 18% year over year.
