Back in late January, hedge fund manager Bill Ackman saw Netflix’s stock price plunge as a $1.1 billion buying opportunity. So Wednesday’s nosedive, with the stock falling 38% in early hours, raises t...
Tag: Netflix
Jim Cramer says two streaming stocks stand out after Netflix collapse
CNBC’s Jim Cramer said Wednesday that investors should stay away from Netflix stock and explore other options. “Netflix seems lost at sea without a plan to find the shore, and I think its ...
Netflix shares plunge 25% – The Coin Republic: Cryptocurrency , Bitcoin, Ethereum & Blockchain News
Netflix stock price took a major hit after releasing disappointing user numbers It lost around 200,000 customers in the first quarter of 2022 BTC Price at the time of writing – $41,581.49 Once more th...
Dow jumps 249 points on Wednesday, but the Nasdaq is dragged down by a big plunge in Netflix
It was a divided market on Wednesday as traders evaluated a rush of first-quarter results. The Dow Jones Industrial Average rose on the back of strong earnings from Procter & Gamble, while the Nas...
Legacy media disrupted Netflix with streaming offerings, now it risks similar fate
Reed Hastings, co-CEO of Netflix, participates in the Milken Institute Global Conference on October 18, 2021 in Beverly Hills, California. Patrick T. Fallon | AFP | Getty Images We must be living in t...
Netflix stock crashes; Co-CEO says company is working on fixing the problems
Netflix’s “The Stock Crash” is now airing on the Yahoo Finance ticker pages, and according to the company’s Co-CEO Reed Hastings the market’s reaction to the company̵...
Netflix, M&T Bank, Baker Hughes, IBM & more
IBM’s logo seen displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading Wednesday/ Netflix — Shares of th...
Chickens Coming Home To Roost
‘Don’t Look Up’ Netflix “If you could make God bleed, people would cease to believe in Him. There will be blood in the water, the sharks will come. All I have to do is sit back and w...
Netflix is now down over 60% YTD: buy the dip or sell the rip?
Shares of Netflix Inc (NASDAQ: NFLX) are down over 35% on Wednesday after the streaming giant said last night it expects to lose up to 2 million paid subscribers in its current fiscal quarter. Netflix...
Netflix Reels From Russia And Competition
Netflix logo (Photo by Chesnot/Getty Images) Getty Images The best bull markets ignore almost all news events. Traders do not care about unique disruptions like pandemics or wars. Macroeconomics get a...
$50bn wiped off Netflix as subscriber shock sparks market rout
Netflix share price $50bn 30pc subscriber numbers advertising – LIAM DANIEL/NETFLIX Roughly $49bn (£37.6bn) has been wiped off Netflix’s value after the streaming giant reported its first fall i...
Growth Story Is ‘Dunzo For Now’ As Analysts Slash Outlooks
Topline After plunging over 35% following the company’s first subscriber loss in over a decade, shares of streaming giant Netflix were hit with a wave of downgrades from Wall Street analysts on Wednes...
Netflix Is Losing Subscribers Because Its Competition Is Cheaper With Better Shows
Severance Apple Netflix posted a big earnings miss yesterday as it reported that it lost 200,000 subscribers in the January to March quarterly window, the opposite of the constant growth it wants to s...
Netflix, Procter & Gamble, Baker Hughes and more
Check out the companies making headlines before the bell: Netflix (NFLX) – Netflix plummeted 26.8% in the premarket after reporting it lost 200,000 subscribers during the first quarter. The streaming ...
You can buy Netflix stock here: it is up 3% amid a looming password sharing crackdown
Netflix stock (NFLX) has been on the decline since the company has been suffering reduced subscribers which has greatly impacted its revenue. However, the stock has surged today after Netflix hinted a...
Netflix wipes 50% off its market capitalization in 6 months as demand for service dwindles
Netflix’s (NASDAQ: NFLX) stock plummeted more than 25% on Tuesday, April 19, after the streaming giant revealed a loss of 200,000 subscribers during the first quarter of the year. It’s worth mentionin...
Could Netflix Tumble Down The Crypto Market?
On Tuesday, the crypto market looked good in comparison to Netflix (NFLX). The shares of the world’s leading streaming company fell 27% to $256 in after-hours trading reaching 2019 levels after announ...
Dow Jones Futures: Stock Market Rally Rebounds, Netflix Crashes On Subscriber Fall, Tesla Earnings On Tap
Dow Jones futures fell overnight, along with S&P 500 futures and especially Nasdaq futures, as Netflix (NFLX) plunged on a surprise subscriber decline. The stock market rally showed strong gains T...
GameFi Platform for P2E Games Aims to be the ‘Netflix of Games’
GameFi: A new platform listing hundreds of Play-to-Earn (P2E) blockchain games has fired up. Users can explore ratings, twitch streams, feature write-ups, daily earnings potential, and reviews from fe...
Netflix Tumbles as 200,000 Users Exit for First Drop in Decade
(Bloomberg) — Losing customers for the first time in a decade, Netflix Inc. is throwing out all of its old rules. Most Read from Bloomberg The streaming leader will introduce a cheaper, advertis...
More volatile than Bitcoin? Netflix shares plunge 25%
The stock market has once again made crypto look stable by comparison with the Netflix (NFLX) stock price dropping 25% in after-hours trading tod. The news that sparked the dramatic tumble was the rev...
Netflix identified 4 uncontrollable issues that will keep bleeding subscribers in a long letter to investors
Shares of Netflix nosedived more than 25% on Tuesday after the streaming giant revealed it lost 200,000 subscribers in the first quarter alone. The numbers were dismal, to say the least, considering t...
Disney, Roku Drop as Netflix Stuns With Falling Customers
(Bloomberg) — Streaming stocks were rocked late Tuesday after Netflix Inc. reported its first customer decline in more than a decade, stoking investors’ fears that a reopening economy will cripp...
Netflix Q1 net subscribers unexpectedly decline, revenue misses expectations
Netflix (NFLX) reported an unexpected decline in first-quarter net subscribers as the company navigated an exit from Russia and an increasingly saturated North American market. Shares slumped by more ...
With Subscribers In Decline, What Does The Future Hold?
As big-buzz show “Anatomy of a Scandal” rolls out, Netflix is navigating its first subscriber … [+] decline in a decade. zz/KGC-247/STAR MAX/IPx There’s yet more evidence that the bi...
Bridgerton Season 2 Breaks Record To Become The Most Popular English Language Series On Netflix
Bridgerton season 2 clocked 627.11 million hours viewed in its first 28 days on Netflix. Liam Daniel/Netflix © 2022 Bridgerton Season 2 is now officially the most popular English language series in Ne...
US stocks close higher, Netflix shares plunge 25% after hours – Market update
US stocks traded higher on Tuesday after a slow start to the week, with all the major indexes closing higher. The S&P 500 edged 1.6% higher to 4,462.48 to see the blue-chip index notch its best da...
Netflix is exploring lower-priced, ad-supported plans after years of resisting
In this photo illustration the Netflix logo in the App Store seen displayed on a smartphone screen. Rafael Henrique | SOPA Images | LightRocket | Getty Images After years of resisting advertisements o...
Opinion: Are you sharing a Netflix password? Not for long …
After an unprecedented downturn in subscriber growth in the first quarter, Netflix executives are eyeing the millions of people using other subscribers’ accounts as a way to reverse the streaming serv...