JohnnyYoung
2023-03-23

$Netflix(NFLX)$ Can some one explain what changed between q1 earnings and now that the  NFLX stock dropped from 380s down to 300s?Only reason I can see is the sentiment around sharing and resulting attrition is higher than expected? Is PE ratio of 30 not sustainable? Subscription fees cuts in many markets and push back on password sharing? Does it matter?

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