Business

Netflix misses on subscribers, but stock is up

Posted October 16, 2019 4:21 p.m. EDT

— Netflix fell short of its own expectations on Wednesday when it reported in its third quarter earnings that it added 6.8 million new subscribers. That is just tick under the 7 million that the company was projecting.

Netflix now has 158.3 million subscribers globally. The company's stock went up 10% in after hours trading.

This story is developing...

Our commenting policy has changed. If you would like to comment, please share on social media using the icons below and comment there.