Netflix's Earnings Came With a Jump Scare. Why the Stock is the S&P 500's Biggest Loser.
Han Myung-Gu / WireImage "KPop Demon Hunters" has drawn viewers to Netflix in recent months. Key Takeaways The streamer's third-quarter earnings fell short of Wall Street estimates after logging a one-time tax expense in Brazil. Netflix's stock is the biggest loser in the S&P 500 Wednesday, falling some 10%. Even the "KPop Demon Hunters" were no match for the jump scares in Netflix's (NFLX) latest earnings. The streaming giant has been riding high on the success of the Korean cultural import—its an ...