Why is NFLX Stock Down in 2016?
Oh, how the mighty have fallen. Netflix, Inc. (NASDAQ:NFLX), once a main driver of stock market returns, has lost the goodwill of investors. A few earnings misses were enough to sap the company of its momentum and drive NFLX stock below $100.00.
None of this has made me less bullish on Netflix stock. The company has hit a bump in the road, but it's still on the same track as before. The only investors who sold off NFLX stock were short-term traders or newbie investors who panicked at the missed earnings.
What they didn't realize.
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Oh, how the mighty have fallen. Netflix, Inc. (NASDAQ:NFLX), once a main driver of stock market returns, has lost the goodwill of investors. A few earnings misses were enough to sap the company of its momentum and drive NFLX stock below $100.00.
None of this has made me less bullish on Netflix stock. The company has hit a bump in the road, but it's still on the same track as before. The only investors who sold off NFLX stock were short-term traders or newbie investors who panicked at the missed earnings.
What they didn't realize.
Den vollständigen Artikel lesen ...