May 27, 2022

Wall Street Gives Up On Netflix as Its Favorite Stock: Now What?


Downgrades, stock price cuts and colorful language – that was Wall Street’s reaction to Netflix’s surprise first-quarter loss of 200,000 subscribers and bigger second-quarter user drop forecast of an additional 2 million users. At least a couple of analysts also said a day after the streaming giant’s earnings that Netflix is not their favorite stock […]