Where Will Netflix Be In 5 Years?

Netflix's (NASDAQ: NFLX) stock closed at an all-time high of $691.69 last November. But today, the streaming video giant's shares trade at about $180 and are languishing at their lowest levels in about five years.

Netflix's stock crashed for three main reasons. Its growth cooled off in a post-lockdown world, it lost subscribers for the first time in more than a decade in the first quarter of 2022, and its operating margins declined as it ramped up its spending to counter its competitors. Its decision to launch a cheaper ad-supported tier also implied it was starved for new viewers.

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Source Fool.com