Netflix faces pressure ahead of its third-quarter update. The stock’s performance ended two winning streaks after the last update. Investors are curious to see if Netflix will make a move as Disney raises streaming prices. The streaming giant needs to prove itself in earnings season. Expectations are high with revenue projected to rise 17% to $11.5 billion and profits to surge 29% to $6.97 per share. The market is anticipating potential price hikes and even a stock split based on the upcoming financial report.
Read more at Yahoo Finance: 3 Things Netflix Will Need to Get Right This Week
