Read more on this subject: Day of Reckoning
News Story Source: NBC News
Shares of Netflix fell as much 3 percent Monday, but erased most of those losses to close roughly 1 percent down.
The $2 billion adds to the growing debt burden on Netflix's balance sheet. The company reported almost $12 billion in total debt as of Sept. 30.
At the same time, Netflix is burning cash at faster and faster rates.
Netflix crushed earnings — Watch five experts break down what happens next for the stock from CNBC.