Netflix shares plunged after a disappointing quarter, but analysts insists there's no reason to panic.
Oppenheimer Managing Director and Senior Analyst Jason Helfstein joins Yahoo Finance Live to outlook an insight on Peloton and Netflix stocks.
Streaming content pioneer Netflix (NASDAQ: NFLX) reported fiscal 2021 fourth-quarter results on Thursday, Jan. 20, that disappointed the market. Netflix thrived at the onset of the pandemic, when billions of people spent most of their time at home and demand for in-home entertainment surged. In its fourth quarter ended Dec. 31, Netflix added 8.3 million subscribers.