Netflix Stock Flopped on Earnings. Barchart Options Data Tells Us NFLX Could Be Headed Here Next.

Netflix (NFLX) shares are down roughly 10% at the time of writing after the streaming giant recorded disappointing earnings for its third quarter primarily because of a Brazilian tax dispute. The company’s quarterly revenue came in line with Street estimates but its per-share earnings of $5.87 missed expectations by more than a dollar. More News from Barchart Including the post-earnings decline, Netflix stock is down more than 15% versus its June high. www.barchart.com Should You Buy the Dip in Netfli ...