why is netflix stock down today

by Pat Funk Published 3 years ago Updated 2 years ago

Netflix (NASDAQ

NASDAQ

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: NFLX) stock is collapsing today, down 35% after the company reported disastrous first-quarter results that showed it lost 200,000 subscribers. Source: Riccosta / Shutterstock.com Investors and analysts are reacting extremely negatively to Netflix reporting its first loss of subscribers since 2011.

Full Answer

Should you buy Netflix stock right now?

Apr 25, 2022 · Netflix stock has now lost about 40% since the earnings report and is off roughly 70% from its peak last November. While the company does need to make some changes, it's a …

Is Netflix a good investment?

May 10, 2022 · The video streaming stock was up by more than 5% today and had gained 2.8% at the end of the trading day. ... With subscriber growth slowing and Netflix's share price down …

Could Netflix stock be primed for more record highs?

Apr 20, 2022 · The market is clearly shocked by this news, and Netflix stock is down by 39% during the current trading session. Other stocks in this market segment, like Disney and …

Is Netflix feeling the heat from its competitors?

Apr 20, 2022 · What happened. Shares of Netflix ( NFLX -3.90%) were going down in flames on Wednesday, plunging by as much as 39% in morning trading. As of 11:50 a.m. ET, the stock …

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Apr 20, 2022 · Netflix (NASDAQ: NFLX) stock is collapsing today, down 35% after the company reported disastrous first-quarter results that showed it lost 200,000 subscribers. Source: …

Why is Netflix's stock down?

Streaming giant Netflix is reeling after reporting it lost some 200,000 subscribers in the first quarter of 2022, missed revenue projections and still hasn't figured out how to deal with the 100 million viewers the company says are piggybacking for free on paid subscriptions.Apr 20, 2022

Is it good to buy Netflix stock now?

Netflix is the 3rd position that we have recently added to the portfolio, taking advantage of the drastic decline in its stock in 2022. Netflix stock has now given up all of its pandemic gains, despite growing its operating profits by 3x and its earnings per share by 3.5x since 2020."Apr 20, 2022

Is Netflix stock expected to rise?

Stock Price Forecast

The 35 analysts offering 12-month price forecasts for Netflix Inc have a median target of 300.00, with a high estimate of 635.00 and a low estimate of 226.00. The median estimate represents a +73.33% increase from the last price of 173.08.

What is Hulu stock?

Hulu isn't a publicly-traded company, so there is no Hulu stock price. Hulu is currently owned by Disney (DIS), owning 67%, and Comcast (CMCSA), owning 33%. What is Hulu stock symbol? Hulu isn't a publicly-traded company, so there is no Hulu stock symbol.Mar 10, 2022

Is Amazon stock high risk?

The valuation of Amazon shares poses investment risk. At nearly $3,000 a share as of July 2020, Amazon is a highly speculative investment with a market cap over $1 trillion and a trailing P/E ratio of 138x earnings.

Is Netflix a good investment 2021?

(NASDAQ: NFLX) ranks 15th on our list of the 30 Most Popular Stocks Among Hedge Funds. NFLX was in 106 hedge fund portfolios at the end of the third quarter of 2021, compared to 113 funds in the previous quarter. Netflix, Inc. (NASDAQ: NFLX) delivered a -40.21% return in the past 3 months.Jan 26, 2022

What is the target price for Netflix stock?

Stock Price Target

High	$635.00
Low	$226.00
Average	$323.40
Current Price	$180.97

5 days ago

What is Tesla stock prediction?

Stock Price Forecast

The 35 analysts offering 12-month price forecasts for Tesla Inc have a median target of 1,125.00, with a high estimate of 1,620.00 and a low estimate of 250.00. The median estimate represents a +40.62% increase from the last price of 800.05.

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