Reported about 9 hours ago
Netflix shares dropped over 7% in premarket trading following disappointing third-quarter earnings, which were impacted by a tax dispute in Brazil. Currently trading around $1,150, key support levels to monitor are $1,065 and $942, while overhead resistance is seen at $1,265 and $1,341. The stock is consolidating within a descending triangle, indicating potential further declines after the earnings miss.
Source: YAHOO