Netflix's disappointing quarter reported last Wednesday has caused the streaming darling of Wall Street to shed more than $24 billion in value in six days as the stock has sunk 15 percent.
To be sure, long-time holders of Netflix stock have profited mightily as its shares have surged 3,300 percent in less than nine years, but analysts don't expect anything near that sort of return going forward, and the heavy volume of trading over the past nine days suggests many investors are cashing in on their big gains.
On the horizon, of course, is more competition coming from Disney, Apple, WarnerMedia, NBCUniversal and others, which will lead to Netflix having to create more of its own content as it loses access to a lot of third-party movies and TV shows, and Jayant says: "We continue to see the proliferation of new Internet TV services as a bigger threat to Netflix's content costs than subscriber growth.
Netflix: Cancels Daredevil Subscribers: Aight boutta head out Netflix:
the never ending karma of canceling American Vandal 💋💋
You know what this means. RETURN OF BLOCKBUSTER VIDEO!!!!!!
Netflix needs to stop making shows like 'When They See Us,' which is nothing but a pack of lies.
They lost almost half the value of what disney was gonna pay for FOX... in few days
Netflix I like ...
چیزهای عجیب و برای ما کردین چیزهای گهی !!
They are losing all their good shows. A lot of their original content is kind of eh.
😮
Ted Sarandos and Cindy Holland are to blame for this. They destroyed subscribers’ faith in Netflix with their recent cancelation sprees and subpar new shows and ‘straight to video’ style films. reedhastings would be wise to get rid of them soon.
Let's get it down to 80%. Yes we can.
Panic selling
MetalGearSad Short term thinking from Wall Street must stop
Netflix is primarily a money laundering organization. Their next priority is to normalize pedophilia.
'oUr oNlY cOmPeTiTiOn iS sLeEp'
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