2 Things Investors Need to Know About Netflix Stock's Recent Dive

Key Points The stock lost $46 billion in market value over a $619 million noncash tax charge that hasn't even been paid yet. Similar overreactions in Netflix's past, like the Qwikster sell-off, have created lucrative buying opportunities for contrarian investors. 10 stocks we like better than Netflix › When Netflix (NASDAQ: NFLX) reported third-quarter results last week, the market reaction was swift and brutal. The stock closed 10.1% lower the next day and continued trending lower for a few days a ...