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Market Braces For Netflix First-Quarter Earnings Report

Credit: Wochit News
Published on April 16, 2019 - Duration: 00:32s

Market Braces For Netflix First-Quarter Earnings Report

On Tuesday, Netflix will release a report on it's first-quarter earnings.

Shares of the streaming giant have enjoyed an impressive 50% rally since last year's market sell-off.

Currently Netflix is trading at six-week lows.

There are several firms and individuals who stand to lose or gain the most in the wake of Tuesday's market-moving event.

Business Insider reports that Reed Hastings, Netflix CEO, has over five-million shares of the company.

JP Morgan has over six-million shares of Netflix.

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Market Braces For Netflix First-Quarter Earnings Report

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