Kerrisdale
2022-04-19
@Tiger_Earnings Stock Prediction: Guess where NFLX ‌will move following its earning announcement?

NFLX has revolutionised the home entertainment sphere. Since its debut, the competitive edge over the expensive pay-TV and the recent global pandemic that closed many borders and kept people at home, NFLX has seen its best days. Will the trend of phenomenal increase in subscription continue, now that more countries have re-opended borders and ease restrictions, more competition coming from traditional media companies like Warner Brother Discovery ?
A quick check:
a) UK households cancel streaming subscriptions in record numbers - Financial Times
b) Lower global outlook for new subcribers - Morgan Stanley
c) Slower growth rate, more competition from traditional media companies like Warner Brother Discovery? - Forbes

Disclaimer: This is a personal insight and not any advice for trading.
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Comments

  • Pimple933
    2022-04-19
    Pimple933
    Good opportunity
  • historyiong
    2022-04-19
    historyiong
    I will hold my NFLX for a while and it is not a good time to sell them out.
  • WalterD
    2022-04-19
    WalterD
    Well... I will sell some of my NFLX in these days.
  • BurnellStella
    2022-04-19
    BurnellStella
    I am still very optimistic about the development of this stock.
  • MR_Wu
    2022-04-19
    MR_Wu
    Wish NFLX was cheaper, I would like to buy it too.
  • LouisLowell
    2022-04-19
    LouisLowell
    The competition NFLX faces right now is tough.
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