Netflix User Growth Slows and Revenues Miss Estimates

July 17, 2018

The streaming giant's stock dropped as much as 13 percent Tuesday after its second quarter performance fell short of expectations. CEO Reed Hastings wasn't concerned, though, saying, "The fundamentals have never been stronger. Our viewing is setting year-over-year records ... We're feeling very strong about the business."

Cheddar's Tim Stenovec and Nora Ali break down the details.