Dropped 0. 01 , all these strange nonearnings are making it a lot hard story understand. What do i mean by weird metrics . The stock of netflix all right. I know youre thinking about that one heres a stock that has never traded on earnings per share ever theres just not the number anyone cares about youll never hear anyone say that netflix is really cheap at 80 times earnings. No, netflix trades on subscriber growth as these things go subscriber growth isnt too weird a nice objective number. Once you start evaluating a number other than sales or earnings you open the floodgates to other metrics so not just subscribers but on fomo per share. Fear of missing out as in the subscriber account adriven by the fear youll miss out on great content and in a world it trades on fomo but the emmys matter there wasnt anything that made them say im missing out see all those awards im missing out on too much content. I got to sign up and thats why the stock got hit or how about a couple of tech titan