CNBC Fast Money July 18, 2016
Company slashing its subscriber Growth Guidance for the next quarter. The question now, is netflix any longer a growth stock . Dan, lets start with you. Well, here is the problem. Its International Subscriptions. That was the thing that took it down last quarter when they reported in midapril. They guided down from this quarter from 3. 5 net subscribers to 2 million. They just missed that number. They came in at 1. 5 for International Subs in the q2 and then guided the q3 below expectations. For a stock that trades at this valuation, you need to see that ramp internationally. Theres been no sh...