Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Netflix Stock Fell Another 5% Today

TheMotleyFool

0 0

Netflix (NASDAQ: NFLX) shareholders lost ground to a falling market on Tuesday as shares dropped 5% by 11 a.m. EDT compared to a 2.3% slump in the S&P 500. The decline added to significant short-term losses for the streaming video giant, whose shares are down 70% so far in 2022.

Netflix stock was caught in a wider move away from tech stocks and growth stocks, but the drop was also powered by unwelcome news from Best Buy (NYSE: BBY).

Source Fool.com

Like: 0

NFLX

Share