Netflix stock drops 13% – missed subscriber expectations

marketwatch.com

They added 5.15 million subscribers, which was below the 6.2 million consensus. Is Wall Street always this stingy on hitting targets?

Yes, usually, because hitting the consensus numbers is basically priced in by the time the actual numbers are announced.

It's a pretty sizable miss. And it's not like people think it's not valuable - it's still up more way more than 50% in the year.

Neflix stock now 13% off!