Why Netflix Stock Was Slumping Today

Key Points Netflix matched top-line estimates with 17% growth in the third quarter. The company had a large one-time expense related to a Brazilian tax dispute. The ad tier continues to deliver strong growth. 10 stocks we like better than Netflix › Shares of Netflix (NASDAQ: NFLX) were sliding today in spite of a solid third-quarter earnings report last night. The streaming giant delivered strong revenue growth, meeting estimates, but its profits were dinged by a Brazilian tax issue. That and th ...