$Netflix(NFLX)$ Algo-driven selloff. Selling off on vibes. There is no real reason for the daily 1-2% dump. Red every single day. I have seen this playbook before, it happened with MSFT. At one point it was down 1-2% every day, and it was so predictable you could short the stock and make money. The stock was selling off every single day during the entire summer. It happened to $Meta Platforms, Inc.(META)$ , then $Amazon.com(AMZN)$ , but all it took to turn things around was a single news item, earnings report, or investor letter, and then the sentiment shifted for the hyperscalers. NFLX is down 45% in over a year. You would be nuts to think management is not aware that their stock is underperforming. All it will take is one earnings report or one data point for sentiment to shift, and when it does shift, a lot of people will miss out, will chase, and force this stock to go over $100. Just one action from the CEO, an earnings report. It is coming, I can feel it.
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