Netflix posts a mixed Q1 but adds 6.74M new subscribers

Despite adding a record number of new users in the first quarter, Netflix is having a no good, very bad day. After reporting its first-quarter earnings, the stock is getting absolutely slammed in trading right now, down more than 10%. The company reported earnings of 6 cents per share — a beat — but missed on revenue targets with $1.96 billion in revenue. Analysts were expecting… Read More...