Bank of America says this is a ‘make or break’ quarter for Netflix

“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.


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