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Why Netflix Stock Lost 17% in June

TheMotleyFool 
0 0 08.07.26
Why Netflix Stock Lost 17% in June: https://g.foolcdn.com/editorial/images/877768/building-with-netflix-logo-on-top_netflix.jpg
 

Shares of Netflix (NASDAQ: NFLX) were drifting lower last month, continuing a broader pullback this year.

While there was no major news out on the leading streamer, skepticism about its business strategy at a time when its core markets are maturing seemed to push the stock lower.

Semafor reported that the company had bid on Roku, which agreed to be acquired by Fox, and that it was interested in buying Lionsgate, following Warner Bros. Discovery's decision to sell itself to Paramount Skydance instead of Netflix.

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Source Fool.com

Netflix Inc. Stock

€64.11
0.330%
Netflix Inc. gained 0.330% compared to yesterday.
The stock is one of the favorites of our community with 123 Buy predictions and 3 Sell predictions.
With a target price of 100 € there is a hugely positive potential of 55.98% for Netflix Inc. compared to the current price of 64.11 €.
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