|Day Low/High||139.74 / 142.24|
|52 Wk Low/High||100.35 / 145.43|
As the momentum of earnings season accelerated this week, we judiciously stayed on the sidelines.
Investors are still dumping Netflix shares a day after weak quarterly results caused the stock to plummet more than 10%.
Netflix lost U.S. subscribers for the first time last quarter, suggesting that its most recent price increase was a tipping point for some subscribers. Apple, which hasn't yet announced pricing for TV+, is likely facing a similar calculus ahead of its fall 2019 launch.
Netflix sees its biggest one-day decline in three years after the streaming service said it lost U.S. customers and added fewer-than-expected new subscribers in markets around the world.
Investors are trying to make judgment calls across each sector based on all the headlines coming in, which in turn pokes around other stocks in the same sectors.
There might be more losers than winners in the streaming wars.
For the third quarter, Netflix expects to add 7 million paid memberships -- despite failing to meet expectations in subscriber numbers in the second quarter and a rise in streaming competition.
The bulls are not deterred by a downtrend in NFLX shares on Thursday..
Analysts were incrementally less positive on Netflix, but it's the second half of the year that analysts are banking on for their bull theses.
While the streaming giant beat earnings expectations and reported nearly in-line revenue, it missed paid subscriber growth expectations by a sizable margin, with U.S. paid subs declining relative to Q1.
Netflix stock is being knocked down as U.S. consumers change the channel.
Netflix has shown a tendency for significant reversals on the day after a large earnings-related move, and here is how I am playing it.
Netflix reported just 2.7 million new subscribers in the second quarter, which included a net loss of 130,000 in the U.S. Last quarter was the first time Netflix has lost domestic subscribers in the years it's been reporting streaming separately.
As Netflix dropped following a subscriber miss revealed in its quarterly report on late Wednesday, key challenges emerged: declining net income, slowing membership growth and increased competition from Disney and others.
D23 Expo 2019 will be a must for fans of Disney Parks, Experiences and Products.
It all starts with pricing and subscribers. See how that impacts all the rest.
Pricing trends, cash flow guidance and viewing stats for originals are among the things to watch as the streaming giant reports.
Buy Netflix on weakness to its 200-day simple moving average at $338.10, given the risk that the stock fails to hold its semiannual pivot at $364.99 on earnings volatility.
You might know Ellen DeGeneres from her talk show and stand up comedy, but do you know how much she's worth? Find out DeGeneres' net worth and how she acquired her wealth.
National Geographic joins Disney's D23 Expo show floor for the first time, delivering unique experiences that inspire curiosity and exploration for fans of all ages.
Schwab, Domino's, Netflix and UnitedHealth are set to report their quarterly results.
More than three-quarters of U.S. households still subscribe to pay TV, and sports are one bucket of content that we're willing to shell out big bucks for.
Markets surge to new records as Fed Chairman Jerome Powell signals rate cuts are likely.
Following the post-Powell comments melt-up in the stock market, the long positions in the portfolio finished the week all up quarter to date.
But the fear of missing out is keeping a strong bid under the market.
The streaming giant should maintain its expected subscriber and revenue growth rate despite recent price increases, Stifel analysts wrote on Wednesday.
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