200,000 users abandon Netflix after crackdown backfires
forbes.com.au
200,000 users abandon Netflix after crackdown backfires::Aussies have spoken, and the results are not looking good for Netflix. A new report reveals why users are turning to streaming competitors.
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And yet their stock dropped massively after revealing the 5 million gain because investors realize that it was a one time boost that won't help them in the long run.
They essentially showed the market their firm cap for revenue, and the market was like 'uhh thats it?'
None of that is based on reality anyways.
Dropped massively?
Are you looking at the gains in the past three years because what you're saying versus reality isn't true at all.