Netflix (NFLX 3.46%) reported earnings last week, and the market liked what it saw. Subscribers were up by over 7 million, and the company seems to have moved past its subscription challenges in mid-2022. What no one is talking about is the fact that the streaming giant has given up prices in order to attract subscribers, which is already hurting the bottom line.
*Stock prices used were the end-of-day prices of Jan. 20, 2023. The video was published on Jan. 23, 2023.
