Global Markets
Netflix's 7.26% Drop: What Smart Investors Are Watching
724FinanceBora Yalın
Netflix (NFLX) fell 7.26%. Trading volume hit 141 million shares, 218% above its three-month average. Revenue growth slowed to 13.4% YoY. The company will report customer engagement data annually. Free cash flow dropped to $1.5 billion. Markets are pricing Netflix at $68.95. Disney (DIS) dropped 2.05%, Comcast (CMCSA) fell 1.29%. S&P 500 lost 1.01%, Nasdaq declined 1.40%. Analysts highlight Netflix's long-term value. Investors should focus on its cash flow. Could this drop signal a value opportunity? How Markets React?