Netflix
$Netflix(NFLX)$ the result exploded again. Its stock price plumped 25% after the last earnings, and I didn't expect that appear again. The paid memberships saw the first decline since 2011 with a net loss of 0.2 million. And the worst part is that management said a continued decline of 2 million in the second quarter, which is 10 times in the first quarter!
The following articles describe about Netflix's earnings, please read below:
Netflix Shares Fell 25%, Losing Subscribers Amid Growing Competition, Account Sharing
[PDF]Netflix Shareholder Letter
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My opinion: NFLX is a long term investment.
Nice