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MarketBeat
MarketBeat
Business
Sam Quirke

Netflix's Big Sell-Off May Be Sending the Wrong Signal

It's not often that a company posting record revenue finds its stock sinking to a 52-week low, but that's exactly the position Netflix Inc. (NASDAQ: NFLX) found itself in after its latest earnings report.

Earlier this month, the streaming giant delivered a quarter that, on its face, looked solid, yet investors still sent the stock down more than 10% in the aftermath. That disconnect is precisely what makes the stock so interesting right now. Beneath the market reaction sits a business still growing at a healthy clip while trading at a valuation it hasn't seen in years.

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