Netflix Investors Could Be in for a Shocker This Week
Since hitting its peak in November 2021, Netflix's (NASDAQ: NFLX) stock has tumbled relentlessly, losing half its value. The streaming video pioneer added fuel to the sell-off fire when it guided for much lower subscriber growth in the 2022 first quarter, suggesting that its pandemic-related growth spurt was well and truly over.
This wouldn't be the first time Netflix's management erred on the side of conservatism, and a growing number of analysts are suggesting that the stock sell-off has gone too far. In fact, recent analysis suggests investors could be in for a shocker when the streaming leader reports its first-quarter results after the market close on Tuesday, April 19.
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Source Fool.com
