Netflix shares fall ahead of earnings release

Shares of Netflix Inc. fell on Monday, with the video-streaming company on track to snap a lengthy uptrend ahead of the release of its quarterly results. The stock fell 2.1%, though it is coming off five straight positive sessions, as well as gains in eight of the past 10 trading days. Netflix has been one of the biggest outperformers in the market thus far this year, gaining nearly 60% in 2018, compared with the 0.2% decline of the S&P 500. The company is scheduled to report its quarterly results after the market close, and analysts expect it to add 5 million new international subscribers, a forecast that some have suggested may be too optimistic. The Dow Jones Industrial Average rose 0.7% while the S&P 500 was up 0.5% and the Nasdaq Composite Index rose 0.2%.