Netflix's (NASDAQ: NFLX) recent sell-off (down 38% year to date), sparked by a weak first-quarter forecast for subscriber additions, indicates that investors have soured on the company. Netflix is the leading streaming service with 222 million paying customers. In 2021, Netflix laid out almost $18 billion in cash on TV shows and movies, a number that has resulted in the company's service being second to none. Read More...
Netflix’s (NASDAQ: NFLX) recent sell-off (down 38% year to date), sparked by a weak first-quarter forecast for subscriber additions, indicates that investors have soured on the company. Netflix is the leading streaming service with 222 million paying customers. In 2021, Netflix laid out almost $18 billion in cash on TV shows and movies, a number that has resulted in the company’s service being second to none.
Add Comment