Pandemic darlings face the boot as investors eye return to normal life

Reuters2022-01-21

Jan 21 (Reuters) - Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a ...

Source Link

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

BlueBear
2022-01-21
BlueBear
This is not news anymore
SDQwerty
2022-01-21
SDQwerty
Covid or no Covid, people Netflix and chill.

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2205049764?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-01-21 20:56","share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","id":"2205049764","market":"us","top_or_hot":-1,"title":"Pandemic darlings face the boot as investors eye return to normal life","media":"Reuters","content":"<div>\n<p>Jan 21 (Reuters) - Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-pandemic-darlings-face-boot-123105719.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pandemic darlings face the boot as investors eye return to normal life</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPandemic darlings face the boot as investors eye return to normal life\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-21 20:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-pandemic-darlings-face-boot-123105719.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Jan 21 (Reuters) - Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-pandemic-darlings-face-boot-123105719.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PTON","symbol_name":"Peloton Interactive, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/1-pandemic-darlings-face-boot-123105719.html","article_id":"2205049764","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2205049764","pubTimestamp":1642769761,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Jan 21 (Reuters) - Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"PTON":"Peloton Interactive, Inc.","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","DOCU":"Docusign","NFLX":"奈飞","BK4548":"巴美列捷福持仓","BK4566":"资本集团","BK4532":"文艺复兴科技持仓","BK4524":"宅经济概念","ZM":"Zoom","BK4551":"寇图资本持仓"},"translate_title":"随着投资者回归正常生活，流行病宠儿面临解雇","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DOCU":0.9,"NFLX":0.9,"ZM":0.9,"PTON":0.6},"content_text":"Jan 21 (Reuters) - Stay-at-home market darling Netflix slumped on Friday, joining a broad decline in the market value of other pandemic favourites this week as investors priced in expectations for a return to normality as more countries gradually relax COVID restrictions.The selloff which began after Netflix and Peloton posted disappointing quarterly earnings spread to the wider stay-at-home sector as analysts judged the new Omicron coronavirus variant will not deliver the same economic headwinds seen in the first phase of the pandemic in 2020.\"The is a confirmation that the economy is gradually moving towards some sort of normalisation,\" said Andrea Cicione, head of strategy at TS Lombard.\"What we think is very interesting is that Omicron, because of its very high infectiousness, very low morbidity compared to previous waves such as the Delta variant, might actually be the first tangible sign that the pandemic is evolving in the direction that we all expected, i.e. that it would become a manageable endemic disease like the flu.\"Peloton shares lost nearly a quarter of its value overnight wiping off nearly $2.5 billion in market value after the exercise bike maker's CEO said it was reviewing the size of its workforce and \"resetting\" production levels, though it denied the company was temporarily halting production.France will ease work-from-home rules from early February and allow nightclubs to reopen two weeks later. People should get back to the office to benefit from in-person collaboration, Britain's business minister said on Friday.Meanwhile Netflix shares tumbled nearly 20% after it forecast new subscriber growth in the first quarter would be less than half of analysts' predictions.Shares were down 20% in pre-market trading with the stock set to open at its lowest level in 21 months.HOME DELIVERYBoth companies were part of a group, along with others such as Zoom and Docusign whose shares soared in 2020, and in some cases 2021 as well, as people around the world were forced to stay at home in the face of the coronavirus.However, thanks to vaccine roll outs and the spread of the less severe Omicron strain of COVID-19, life is returning to something approaching normality in many countries, leaving companies like Netflix and Peloton struggling to sustain high sales figures.According to data from S3 Partners, short-sellers doubled their profits by betting against Peloton in 2021, the third best returning U.S. short.\"With a return to the office and travel lanes opening, darlings of the WFH (work from home) thematic are reflecting the growing reality that the world is moving slowly but with certainty towards a new normalcy,\" said Justin Tang, head of Asian research at United First Partners in Singapore.Direxion's Work from Home ETF has fallen more than 9% in first three weeks of the year, compared to a 6% drop in the fall of the broader U.S. stock market Blackrock's virtual work and life multisector ETF has weakened more than 8% this year.In Europe, lockdown winners are also going through a rough patch, with the fears related the Omicron wave waning adding to the stress rising bond yields are putting on growth and tech stocks.Online British supermarket group Ocado, Germany's Meal-kit delivery firm HelloFresh and food delivery company Delivery Hero which emerged as European stay-at-home champions in the early days of the pandemic have underperformed the pan-European STOXX 600 so far in 2022.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9007381862,"gmtCreate":1642775451278,"gmtModify":1676533744967,"author":{"id":"4088558046227310","authorId":"4088558046227310","name":"BlueBear","avatar":"https://static.tigerbbs.com/a4c78e4c05c47b817a29daef055b1378","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":8,"crmLevelSwitch":1,"idStr":"4088558046227310","authorIdStr":"4088558046227310"},"htmlText":"This is not news anymore","listText":"This is not news anymore","text":"This is not news anymore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007381862","repostId":2205049764,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9007335166,"gmtCreate":1642771010835,"gmtModify":1676533744413,"author":{"id":"3561701296039483","authorId":"3561701296039483","name":"SDQwerty","avatar":"https://static.tigerbbs.com/91dd9a7c9982bff6f674211becf77da3","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3561701296039483","authorIdStr":"3561701296039483"},"htmlText":"Covid or no Covid, people Netflix and chill.&nbsp;","listText":"Covid or no Covid, people Netflix and chill.&nbsp;","text":"Covid or no Covid, people Netflix and chill.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9007335166","repostId":2205049764,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":44,"commentSize":2,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2205049764"}