Netflix vows to revive viewership trends, but investors hit ‘sell’ on the stock
Published . Updated .
Streaming service cites “intense competition’ and acknowledges ‘some investor concern about our view hours growth.”
Directly affected
- NFLX Netflix
Named in this report.
Indirectly affected
- SPY SPDR S&P 500
The broad U.S. stock market
- TLT iShares 20+ Year Treasury Bond
Long-term U.S. government bonds
- QQQ Invesco QQQ
Large technology stocks
- GLD SPDR Gold Shares
Gold can move with the broad market
Price reaction, T-5 to T+3
Streaming service cites “intense competition’ and acknowledges ‘some investor concern about our view hours growth.”
Source: MarketWatch
This story
12 out of 100
“Netflix vows to revive viewership trends, but investors hit ‘sell’ on the stock” scores 12 out of 100. The score uses 1 sources.