Netflix's Shares are Declining in the Third Quarter.

Netflix's Third Quarter Results

Netflix (NFLX) shares fell in extended trading on Tuesday evening. The company announced its third-quarter financial results, but the reported figures did not meet Wall Street's expectations.

Analysis and Market Reaction

Bloomberg Intelligence senior media analyst Geetha Ranganathan discussed the reasons for the drop in the streaming giant's stock during the Market Domination Overtime program. The market reacted negatively after the results fell short of expectations.