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@MatthewWalter:$Netflix(NFLX)$ The short-term situation is unfavorable not only for Netflix but also for streaming stocks in general. Strong competition between companies in the streaming space, coupled with the negative macro scenario affecting consumption, should remain for a while yet. This should continue to hurt streaming stocks, especially the market leader, Netflix. And, in the long term, Netflix’s slowdown in its users could signal danger for the company.
$Netflix(NFLX)$ The short-term situation is unfavorable not only for Netflix but also for streaming stocks in general. Strong competition between companies in the streaming space, coupled with the negative macro scenario affecting consumption, should remain for a while yet. This should continue to hurt streaming stocks, especially the market leader, Netflix. And, in the long term, Netflix’s slowdown in its users could signal danger for the company.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.