Call it the king of streaming or the cable TV killer. Netflix (NFLX) has grown into one of the planet’s biggest media companies, and when it reports its quarterly earnings data, investors watch with anticipation. The quarter ending in June was clearly no exception, as traders placed their pre-data-release bets and social media pundits declared their bullish or bearish predictions. There was a lot at stake this time around. Netflix was a darling of the markets during last year’s COVID-19 pandemic lockdowns, as people sought home-based entertainment. Yet, even with the Delta variant strain spreading, concerns linger that the lockdown love may be starting to fade for Netflix.
https://www.tipranks.com/news/article/after-subscriber-growth-disappointment-investors-weigh-netflixs-future?utm_source=advfn.com&utm_medium=referral
Netflix (NASDAQ:NFLX)
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Netflix (NASDAQ:NFLX)
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From Sep 2020 to Sep 2021 Click Here for more Netflix Charts.