Streaming Stocks: Buy, Sell, or Hold in 2023?
Streaming stocks got shelled last year. After demand for online video entertainment surged during the pandemic and new entrants jumped in, 2022 delivered a rude awakening to the industry.
Streaming stocks plunged as subscriber growth slowed, losses mounted, and industry operators looked to further consolidation.
As you can see from the chart below, all five of the major streaming platforms fell at least 40% last year.
Source Fool.com
