This week, Netflix (NASDAQ: NFLX) will help kick off earnings season. The streaming media company is slated to report its second-quarter results on Thursday, making it one of the first megacap stocks to report earnings for the second calendar quarter of 2020. Given a combination of strong price appreciation for the stock and uncertainty surrounding how lockdowns impacted Netflix during the quarter, the stock could move big in either direction following its upcoming Q2 report as investors digest new information from the company. Read More...
Netflix Stock Could Move Big When It Reports Earnings
This week, Netflix (NASDAQ: NFLX) will help kick off earnings season. The streaming media company is slated to report its second-quarter results on Thursday, making it one of the first megacap stocks to report earnings for the second calendar quarter of 2020. Given a combination of strong price appreciation for the stock and uncertainty surrounding how lockdowns impacted Netflix during the quarter, the stock could move big in either direction following its upcoming Q2 report as investors digest new information from the company.
Add Comment