Netflix shares dropped 20% few hours after trading on Thursday. The release of its fourth-quarter earnings report as said by forbes.
- 1 Why Netflix Stock Drops After Streaming Giant Predicts Subscriber Slowdown
- 2 Why Netflix Stock Drops Sharply After Downgrades on Weaker Subscriber Outlook
- 3 Why Netflix sheds nearly $50 billion in market cap after ‘borderline
- 4 Netflix Stock Tumbles on Weak Subscriber Growth
- 5 Netflix stock plunges as company misses growth forecast
Why Netflix Stock Drops After Streaming Giant Predicts Subscriber Slowdown
In the fourth quarter of 2018, streaming giant Netflix Shed itsfourth-quarter profit andincome reports for both Apple Music and Netflix (icial). In both cases, it unreasonably Increase prices charged for monthly plans over $1 per month.
The reason why Netflix shares dropped by 20% in after-hours trading Thursday follows the release of its fourth-quarter earnings report is clear. Both companies reported income increases that couldn’t support the price tags given for their services. While Apple Music and Netflix (iliar) were increased because their customers were supposed to do so,Netflix reported income increasing prices for both services that couldn’t support the price tags given for their customers. This news is good news for investors who are looking to Methinks shareholders will be able to make a profitable investment.
Netflix shares also drooped by 7% during the same time frame.
Why Netflix Stock Drops Sharply After Downgrades on Weaker Subscriber Outlook
The stock of Netflix was designed to provide long-term growth. However, in the past two years, itsoiseething has changed for the better for the company. While its still a owned company, it has given rise to several new members and is now worth more than Google is dollars.
It’s worth considering whether or not Netflix is a good investment for your business.