Netflix stock (ticker: NFLX) has tumbled about 33% since the streaming giant reported fourth-quarter results in January. The primary issue three months ago was a disappointing outlook for Netflix’s first-quarter subscriber growth. Netflix projected 2.5 million net new subscriber additions for the March quarter, well shy of the previous Street consensus forecast at 5.7 million. Read More...
Motley Fool
3 Stocks to Avoid This Week
My “three stocks to avoid” column hit a couple of speed bumps in recent weeks, after rolling earlier this year. The S&P 500 declined 2.1% for the week, so while I may have been correct about the stocks to avoid, the market fared worse; I lost. This week, I see Tesla (NASDAQ: TSLA), Sleep Number (NASDAQ: SNBR), and Lucid Group (NASDAQ: LCID) as stocks you may want to consider steering clear of.
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