Why Is Everyone Talking About Netflix Stock?
Netflix (NASDAQ: NFLX) has been getting a lot of attention lately, but unfortunately, for the wrong reason. The streaming pioneer reported its first quarter of subscriber losses in over a decade, pointing to rising competition, account sharing, and the reversal of the pandemic boom as reasons for the drop-off.
These headwinds have been meaningfully negative, causing the stock price to fall by 71% off its highs in 2021. Let's look more closely at why everyone is talking about Netflix stock.
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Source Fool.com
