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If the majority of people are just fine with watching Netflix and Disney+ how do you explain their steep drop in stocks?

• andsoitis 4y ago
  Netflix added more than 7 million new subscribers in the last 3 months, bringing the number of households to over 230 million worldwide. And that's just people who are paying. Many people share their accounts so we can assume another few million people who regularly watch but don't pay. https://variety.com/2023/tv/news/netflix-subscribers-earnings-q4-2022-1235493532/ https://variety.com/2023/tv/news/netflix-subscribers-earning...
  • ulizzle 4y ago
    But if you look at the chart two years, you'll see how even if it's building up, it's still a steep drop compared to their high point circa in 2021.
    • hgsgm 4y ago
      That's because of the change in interest rates and the dollar, economy-wide. If you think a stock is doing poorly, you have to show its alpha vs the market. Also, Disney is more than a TV channel.
      • ulizzle 4y ago
        Disney being more than a TV channel is obvious, but if you bring that up, you also have to square up that the theme parks have been bleeding money On the first point, then why are analysts still bearing on Netflix and given it a "no-invest?"
    • andsoitis 4y ago
      Short term knee jerk reaction. Most people in the world with broadband connections still don’t have streaming TV, but everyone wants to watch shows and movies. Netflix is best positioned, focused, and has a stellar leadership team. Let’s compare notes on stock price in 5 years.
• onlyrealcuzzo 4y ago
  Interest rates