How to trade Netflix after strong earnings beat?
Netflix reported better-than-expected bottom-line results on 18 Oct:
EPS: $3.10 vs. $2.12 per share expected,
Revenue: $7.93 billion vs. $7.98 billion expected,
Paid Net Subscribers: 2.41 million new subscribers vs. expectations of a gain of 1 million
Its shares were up about 15% in the extended session...
How would you trade Netflix after its earnings beat? Share to win coins!