Netflix Shares Tank: What Caused the Free Fall?

The transcript discusses Netflix's recent performance, highlighting a miss in subscriber growth compared to analyst expectations, despite a strong earnings per share. It also covers HBO's announcement of a new online-only subscription service, which could impact Netflix. The transcript notes a significant drop in Netflix's stock price. Additionally, American Express's earnings beat estimates, with new initiatives in electronic payments and customer engagement. Finally, Netflix's earnings forecast for the next quarter falls short of analyst estimates, raising concerns about future performance.

What was the number of international streaming subscribers added by Netflix?

How did Netflix's domestic streaming additions compare to estimates?

What was the percentage drop in Netflix's stock mentioned in the text?

What new activity is American Express engaging in to attract customers?

What was the earnings per share forecast for Netflix's fourth quarter?