Netflix released their earnings report after the bell, which means we wont see how far they drop until tomorrow. After hours has them losing nearly everything they've gained since Chinese COVID gave a bump to a lot of tech stocks.
Their "Netflix Originals" aren't going to keep their user base around much longer if other streaming services continue to get the rights to good movies/television.
The stock price hasn't been this low since... October 8th.
Netflix is going to be fine.
Netflix released their earnings report after the bell, which means we wont see how far they drop until tomorrow. After hours has them losing nearly everything they've gained since Chinese COVID gave a bump to a lot of tech stocks.
Their "Netflix Originals" aren't going to keep their user base around much longer if other streaming services continue to get the rights to good movies/television.
Exactly...and has anyone even tried to watch Netflix “Originals” movies? Awful.
Lol I know but its fun to knock NFLX any chance we get
Dammit I should have made a YOLO on Netflix with every single cent that I own.