Must Read: Warren Buffett's 10 … Why is Netflix suddenly worth about 5% less than before? The Bottom Line: The Netflix stock price is volatile because of market instability, so it's not a stock short-term investors want to own. To fully understand the company’s share price correction, then, we’ll have to look ahead to what Netflix said about Q3: The company also expects to add 2.5 million net new subscribers in Q3. Perhaps the company is being conservative with its net subscriber add forecast, but investors didn’t seem to want to give it the benefit of the doubt. Netflix saw its stock price jump by almost 28% over the last four months, on account of better than expected international streaming growth and continuously improving profitability. Still, shares of the leading video streaming service surged 17% last week after Netflix delivered a quarterly report that showed it had bulldozed its way through the 200 million subscriber mark. Perhaps either would have been acceptable, but not both. Netflix shares are falling in late trading after the streaming video giant posted September quarter subscriber growth that fell short of both guidance and Wall Street expectations. July 18, 2016 4:41 PM EDT N etflix’s stock is down about 15% in after-hours trading Monday after the company posted lower than expected subscriber numbers for the second quarter of the year. Home / International Stock News / Why Netflix stock jumped to an all-time high today. They repeated the process two more times. Think an article needs a correction? Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. Returns as of 04/21/2021. Shares of Netflix (NASDAQ:NFLX) dropped by 6.9% in trading Wednesday as the broader market tumbled. AS of 7:13pm ET it is down about 14%. One “conspiracy theory” going around is Netflix deliberately guided low to create an easy win for newly appointed co-CEO Ted Sarandos in the third quarter. The real reason why Netflix stock is down. So follow along as he tries to break down complex topics to make them more understandable and useful to the average investor. Netflix Inc. has come back down to earth after stratospheric gains during the opening months of the COVID-19 pandemic. A long list of movies will be leaving Netflix, while Hulu beefs up its roster and offers an ad-free option. Netflix shares dropped 1.3 percent Monday following the streaming platform's controversial release of the film Cuties. Netflix has proven it still knows how to grow, even in the face of stiff competition from the likes of Disney and AT&T, which is putting a lot of energy into ensuring its HBO Max service becomes a viable competitor. Netflix stock fell around 5% in after-hours trading Tuesday after the company posted slowing growth in new subscriptions and lower-than-expected profits, a … Video streaming giants, Netflix is facing a growing backlash following the release of the pre-teen dance competition film Cuties.The debut of the movie sparked a trending #CancelNetflix hashtag on Twitter as critics accuse the company of sexualizing children and promoting paedophilia.. Netflix stock rallied 25% but then gave it back up quickly. Investors worry about incoming competition and loss of popular shows like 'Friends.'. What happened to the high-flying Netflix, a company that you might have expected to report growth bolstered by the fact that many consumers in its home market are confined to their homes? Netflix stock is down, by about 3%, in midday trading Monday because the streaming wars are heating up.More competition isn’t a surprise. The company also beat expectations in terms of net customer adds, with CNBC reporting that Netflix’s 10.09 million new subscribers bested estimates of 8.26 million. The Dow Jones Industrial Average closed the session down by just over 2% while the S&P 500 was off by 2.6%. Netflix is not so chill right now. NEW YORK -- Shares of Netflix Inc. - Get Report are down -2.25% to $324.12 The Internet TV network's service is reportedly down in a wide region. The last swing higher ended on Oct. 14 and the stock is now 16% lower. In the meantime, GameStop shares could remain under pressure in the coming weeks as the flood of retail traders using their government stimulus payments to buy the according to Yahoo Finance analyst averages. The Dow Jones Industrial Average closed the session down … There will be up and down days with any stock, and while gaps down like this one can be distressing, in the long run Netflix should still be a winning investment. Buy Netflix Stock While It’s Down Sentiment is mixed on NFLX stock, but the outlook's as strong as ever By David Moadel Aug 5, 2019, 9:32 am EDT August 5, 2019 Such one day corrections are not unusual in high flying growth stocks. Netflix stock has been consolidating for the past 11 weeks with a buy point of 593.39, according to IBD MarketSmith charts.. Not the worst results, right? And with fear in the air that Netflix’s growth could fall under expectations, down went its share price. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. Netflix (NASDAQ: NFLX) is currently down 2.25% to a price of $508.25. Stocks like GameStop, Bed Bath & Beyond, and AMC Entertainment rocketed higher despite the overall market sell-off. Market data powered by FactSet and Web Financial Group. I may not be able to respond to every suggestion, but I do read them all! His coverage reflects his passion for motorcycles, booze, and guns (though typically not all exercised at the same time), but his writing also covers the broader sectors of consumer goods, technology, and industrials. Contact Rich here. Stock Advisor launched in February of 2002. Today after the bell, Netflix reported its Q2 financial performance. Here’s what Netflix told us: Investors had expected $6.08 billion in revenue and earnings per share of $1.81, according to Yahoo Finance analyst averages. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. In per-share terms, the company expects to earn $2.09 in revenue. For those saying that Disney+ (and the hundreds of other streaming services coming out) is killing Netflix and that the outage has pushed it further to the brink of death, it should be noted that, despite online reaction, Netflix's stock is actually experiencing a climb today. Shares of consumer video service Netflix are down sharply after the bell today, following the company’s Q3 earnings report. I wouldn’t call it crashing (at least not yet). In prior quarters where Netflix reported weak or negative sub growth -- as was the case last July, when it lost U.S. subscribers and the stock hit the skids for weeks. Reach Rich here. Rich has been a Fool since 1998 and writing for the site since 2004. But the modest net subscriber adds tied to Netflix’s slower-than-anticipated revenue growth appear to have spooked the street. If Netflix was a heavily shorted stock, it might have bucked the day's trends. As they pull their content from Netflix, the appeal of keeping a Netflix subscription will drop, and the stock is likely to follow suit. Shares of Netflix ( NASDAQ:NFLX) have pulled back today, down by 4% as of 2 p.m. EDT, after some Wall Street analysts suggested that the stock may … In a letter to shareholders, Netflix said it lost domestic subscribers due to price increases. After 20 years of patrolling the mean streets of suburbia, he hung up his badge and gun to take up a pen full time. Cumulative Growth of a $10,000 Investment in Stock Advisor, Why Netflix Fell 6.9% Today @themotleyfool #stocks $NFLX $DIS $T $GME $BBBY $AMC, Netflix (NFLX) Q1 2021 Earnings Call Transcript, Netflix Misses Sub Addition Target, Shares Crash, 1 Positive Sign for Netflix Heading Into Q1 Earnings, Netflix Stock Has a Lot to Prove This Week, Copyright, Trademark and Patent Information. Netflix’s forecasts: $6.33 billion in revenue leading to operating income of $1.25 billion and net income of $954 million. By 2015, Netflix stock price topped $700 a share for the first time. The stock's volume is currently 1.31 million, which is roughly 37.2% of its recent 30-day volume average of 3.52 million. But NFLX stock has … As the market had expected the company to generate $6.39 billion in third-quarter revenue and $2.00 in per-share profit, we again have a slightly mixed picture. Netflix stock price has not fallen lower than it did near the end of 2012. The company not only failed to produce Q2 numbers that investors were uniformly excited about, but also managed to forecast weaker performance than anticipated. So, Netflix did manage a slim beat on revenue, but missed sharply in profit-terms. One reason why so many investors are staying away from Netflix is that they think ongoing volatility in the stock is simply not worth the risk. Fewer than 2% of Netflix shares are sold short, however. The hashtag “#CancelNetflix” was the No. Having made the streets safe for Truth, Justice, and Krispy Kreme donuts, he now patrols the markets looking for companies he can lock up as long-term holdings in a portfolio. Netflix shares gave up ground Thursday session after anti-trust warnings and the company's move to cull inactive subscriptions. We’re motley! By Sofia Jeremias Jul 19, 2019, 9:45am MDT. In light of the weakness on Wall Street Wednesday, it's not surprising that Netflix gave back some of those recent share price gains. Shares dropped more than 10% on Thursday, its worst one-day performance since 2016, after it reported a drop in U.S. subscribers last quarter. The streaming giant on Tuesday reported 3.98 … The Netflix stock price is down another 4.8% in early trading this morning (Friday) and has now dipped 13.3% since Aug. 6. 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