‘As Good As It Gets': Why Netflix’s Coronavirus Boom Might Only Be Temporary

”The truth is people want to spend less time at home, which is a headwind for retention and price increases,“ Loup Investors analyst Gene Munster says

Netflix just reported one of its most impressive quarters ever, with the streaming giant revealing it added 15.8 million new subscribers during Q1, smashing its previous record for net subscriber additions in a single quarter. And yet, on Wednesday, investors are essentially shrugging at the results, with the company’s stock price dipping to 2% to $425 per share.

What gives?

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Sean Burch

Tech reporter • sean.burch@thewrap.com • @SeanB44