CNBC Squawk Alley July 19, 2016
Founder phil liven. Our top story, shares of netflix are getting crushed, down about 14 . Second Quarter Sales were you will, but the good news stop there. Only 160,000 new customers signed up for the service in the u. S. In its most recent quarter, well short of the 500,000 estimate. And then the Third Quarter guidance came in well short of expectations. Im guessing this does not get the yumyum, as you like to say. Yeah, no yumyum here. Theres a lot of headwinds for netflix on the pricing front. They added theyre taking out some of the people being grandfathered, i guess thats resulting in le...
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