Don’t Binge On These ETFs Whil Netflix Struggles Woes May Be Holding Back Internet ETFs
October 15, 2015 at 14:41 PM EDT
Netflix (NasdaqGS: NFLX) shares plunged on disappointing subscriber additions Thursday, dragging on internet sector-related exchange traded funds. Netflix revealed that third-quarter profits fell 50% year-over-year due to worse-than-expected streaming growth in the U.S., with only 3.62 million new...