3 Dates for Netflix Stock Investors to Circle in October
There's never a dull moment at Netflix (NASDAQ: NFLX), and the same can be said about its investors. It's been a wild 2022, ripe with layoffs and back-to-back quarters of sequential declines in global subscribers. The stock has plummeted 61% through the first three months of the year. Will October help turn things around?
Netflix has a lot to prove this month. There's an important financial update coming, of course. However, Netflix also has some big content hitting its platform to help keep members close in October. Investors may also get some news on the upcoming rollout of its ad-supported tier that could help improve churn by giving cost-conscious viewers a more affordable way to keep consuming the platform's content. Let's see where Netflix will go from here.
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Source Fool.com