After hours today Netflix announced CFO Barry McCarthy will leave company, the company has appointed David Wells as its new CFO. Looks like the change is going to take place on December 10th.
As you remember Barry Dumped 100k shares of NFLX stock over 200 bucks a share a week ago or so… Not looking like everything is so rosy over at this
high flying momentum 100 share lot trading long trap of a stock..
i mean why would someone like him leave a company that seems to be SO promising? Perhaps he knows more than we we do, and i am sure he does.
NFLX stock was down today 1.89% … way off its over 200 highs…. Lets see how this plays out tomorrow…