Why Wall Street is balking at Netflix's decision to stop sharing subscriber data
Netflix stock tanked on Friday despite a blowout earnings report as analysts instead focused on the firm's decision to stop sharing subscriber data.
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Netflix stock tanked on Friday despite a blowout earnings report as analysts instead focused on the firm's decision to stop sharing subscriber data.
(Bloomberg) -- Netflix Inc. shares fell the most in nine months Friday, taking the shine off stellar first-quarter financial results following management’s decision to stop reporting quarterly subscriber data.Most Read from BloombergElon Wants His Money BackNew York’s Rich Get Creative to Flee State Taxes. Auditors Are On to ThemDubai Grinds to Standstill as Flooding Hits City‘Mag Seven’ Get Crushed Before Next Week’s Results: Markets WrapIsrael Reported to Have Launched Retaliatory Strike on Ir
Sen. Ron Wyden (D-Ore.) is calling on federal regulators to scrutinize a location data broker amid its bankruptcy proceedings, saying he’s concerned about its ownership of data showing people visiting sensitive places such as reproductive health clinics. Wyden addressed the Federal Trade Commission (FTC) and Securities and Exchange Commission (SEC) in a letter on Tuesday…
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