Poll: What's Next For Netflix?
Netflix is set to report first-quarter results after market close, and investors will be focusing on the company's subscriber additions for the quarter.
The company's shares have been extremely volatile over the past twelve months. In July, shares traded over $300 per share, only to have a series of missteps and blunders cause them to lose two-thirds of their value. Shares fell more than 60% in 2011, as Netflix faced a backlash over price hikes, business separation plans and content deals.
These missteps caused TheStreet's readers to name Netflix CEO Reed Hastings as the worst tech CEO of 2011.
Netflix's stock, however, has started to recapture some of its luster. The company's shares have gained 47.6% year-to-date, as investors saw positives from fourth-quarter earnings as a sign that the company might be turning itself around.
TheStreet wants to know where you think Netflix's stock will be trading twenty-four hours after earnings. Vote in the poll and results will be up later in the week.
Shares of Netflix are lower on the day, off 3.03% to $102.90.
Interested in more on Netflix? See TheStreet Ratings' report card for this stock.
--Written by Chris Ciaccia in New York
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