Netflix Continued to Slide Nearly 4% in Morning Trading After Tumbling 35.12% Yesterday

Tiger Newspress2022-04-21

Netflix continued to slide nearly 4% in morning trading after tumbling 35.12% yesterday.'We have lost confidence in our ability to predict the company's future prospects with a sufficient degree of certainty,' CEO Ackman says in letter to investors that reveals year-to-date returns are now negative because of Netflix investment.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • pkyon
    2022-04-23
    pkyon
    Oof
  • Sigit waloyo
    2022-04-22
    Sigit waloyo
    Ok
  • Jess261
    2022-04-22
    Jess261
    okay
  • Ollivander
    2022-04-22
    Ollivander
    Shag
  • Maky
    2022-04-22
    Maky
    It's still a profitable business and still a leader in the market.  Think it is now oversold but nobody knows where is the support price yet
  • Bspn
    2022-04-22
    Bspn
    Ok
Leave a comment
32