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Netflix is holding onto ‘really outlandish’ valuation, New Constructs CEO says

New Constructs CEO David Trainer joins Yahoo Finance Live to discuss Netflix's overvaluation in relation to its slowing subscriber growth, the streaming service's ability to monetize content, and competing with other streaming platforms. Read More...

Argus Research

Market Digest: ISRG, NFLX

The stock market had its worst week since the pandemic began, and the Nasdaq Composite fell firmly into correction territory (down more than 10% from peak). On Friday, the Dow Jones Industrial Average fell 450 points, or 2.02%. The S&P 500 was off 1.89%, and the Nasdaq Composite was down 2.72%. For the week, the DJIA was down 1,646 points, or 4.58%, the S&P 500 was down 5.68%, and the Nasdaq Composite was down 7.55%. Year-to-date, the Dow is down 5.70%; the S&P 500 is off 7.73%; and the Nasdaq Composite is deeply lagging, down 11.99%.

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