www.cnbc.com/2019/10/03/bank-of-america-says-this-is-a-make-or-break-quarter-for-netflix.html
“Heading into 3Q earnings, we see a make or break quarter for Netflix,” Bank of America Merrill Lynch analyst Nat Schindler tells clients.
The more cautious tone comes on the heels of a tough summer for Netflix, which has seen the price of its stock fall nearly 30% in under three months.
Netflix, which reports earnings on Oct. 16, has never missed the company’s subscriber guidance two quarters in a row.