Why Netflix Stock Fell Today
Shares of Netflix (NASDAQ: NFLX) declined on Monday, as recent developments within the entertainment industry threaten to upend the competitive landscape.
Image source: The Motley Fool.
Back in February, investors largely cheered Netflix's decision to walk away from its proposed acquisition of Warner Bros. Discovery's film studios and HBO Max streaming service after a bidding war threatened to drive the price well above its nearly $83 billion offer.
Source Fool.com
Netflix Inc. Stock
€62.87
1.060%
The stock is one of the favorites of our community with 124 Buy predictions and 3 Sell predictions.
With a target price of 100 € there is a hugely positive potential of 59.06% for Netflix Inc. compared to the current price of 62.87 €.
